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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Paul Engel who wrote (55103)5/5/1998 12:06:00 PM
From: gnuman  Read Replies (2) of 186894
 
Mary, re;< "we expect a pickup in the second half,'' >
Don't you think that's a no brainer?
The real issue is what Intel will do in the second half, and in 1999. Consider that the consensus estimate for 1998 is $3.16, the worst year in some time. Worse, the consensus for 1999 is $3.88, with the highest estimate at $4.40.
We need to see some real upgrades in earnings forecasts to raise the stock.
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