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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: herb will who wrote (57796)6/11/1998 11:26:00 PM
From: SisterMaryElephant  Read Replies (1) of 186894
 
herb,

<March 4, 1998 - Weaker than anticipated demand, particularly in OEM turns (orders from PC manufacturers to be shipped within the quarter), is expected to cause revenue and net income levels to fall below Intel's expectations for the first quarter of 1998, the company said today.>

The key words are below Intel's expectations. Flat to slightly down from a .81 first quarter gives a different result than what some analysts are expecting, I think.

SK
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