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Technology Stocks : Intel Corporation (INTC)

INTC 46.95

-2.8%

Jan 16 3:59 PM EST

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To: Paul Engel who wrote (55083)	5/4/1998 4:14:00 PM
From: Ibexx	Read Replies (4) of 186894

Paul and thread, Looks like Dr. Barrett is willing to assume a higher profile in managing WS and investors' relation. __________________________________________________________ Monday May 4, 3:46 pm Eastern Time Intel reiterates sees earnings up in H2 JOHANNESBURG, May 4 (Reuters) - Intel Corp, the world's largest computer chip manufacturer, on Monday repeated its forecast that earnings would bottom out in the second quarter and then pick up. ''We see no change to our on-the-record comment that the second quarter would be the trough and that we expect a pickup in the second half,'' said president and chief operating officer Craig Barrett. Barrett, in Johannesburg for the Africa Telekom '98 fair, was addressing investment analysts on the buoyant outlook for world computer markets going forward into the next century. Intel last month reported basic earnings per share down to $0.78 from $1.21 a year previously on net income of $1.3 billlion, down from $2.0 billion. _______ Ibexx

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