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Technology Stocks : Intel Corporation (INTC)

INTC 34.60

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2:08 PM EST

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To: gnuman who wrote (51587)	3/30/1998 8:51:00 AM
From: Mary Cluney	Read Replies (2) of 186894

Gene, >>>Your 12 month "WAG" is 85 million CPU's generating about $31 Billion in revenues. I think you're probably close on the number of CPU's, but way off on revenues from CPU's<<< You are right, of course. It was one of those late at night type of things - the $31 Billion in CPU revenue is a little premature. Those are actually my first 12 mos Merced predictions <ggg>. But, I am not trying to weasel out of my predictions entirely. I will maintain a guesstimate of ~ $30B total revenues and net of ~ 25% after Barrett completes one full year as CEO and a price target for Intel at $125. >>> From recent articles I've seen Intel intends to get even more aggressive in the low end market, and this could be a drag on revenues and margins.<<< That was the main point I wanted to address with my WAG. Intel will continue to get more of its revenues from the high end market - while maintaining reasonable margins on the low end. Mary

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