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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Sonki who wrote (57080)6/4/1998 5:52:00 AM
From: Frank Ellis Morris  Read Replies (1) of 186894
 
Good morning Sonki,

RE: "Intel Corp. (INTC) 66 1/8 -3 1/8: Hambrecht & Quist lowers Q2 EPS estimate and revenues for chip maker, according to CNBC; lowers EPS from $0.69 to $0.65 a share on revenues of $5.6 bln due to weaker PC sales and lower unit volume; according to First Call, INTC projected to earn $0.70 in Q2 vs year-ago profit of $0.92 on revenues of $5.96 bln; H&Q also lowers FY98 EPS from $3.04 to $2.92 a share.....

paul, give H&Q a nickel as well. Now he is down grading after the stock falls below 52wk.low."

Maybe it is time to rename Intel to INTELTANIC as the price of this stock keeps sinking to new lows. It is perhaps time to throw the ceo overboard and get a new captain.

Excuse me while I climb into one of the life boats

Frank
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