Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.01

+3.4%

3:34 PM EST

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To: Joey Smith who wrote (60100)	7/14/1998 4:41:00 PM
From: Darren	Read Replies (2) of 186894

$.09 due to acquisition charge. Was this accounted for in the $.68 estimate. No, so the actual gross is 0.66 + 0.09 (0.75) which beats 0.68. It will be interesting to see if the press stresses this as a positive or a negative. So far, CNBC seems to be saying earnings are discouraging. Based on the forward statements and the current stock price, I don't think so but that's just my opinion. Could have been much worse as 2Q is the slowest quarter of the year...

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