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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

+3.6%

Nov 24 3:59 PM EST

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To: Steve Porter who wrote (60133)	7/14/1998 5:02:00 PM
From: gnuman	Read Replies (2) of 186894

Q3 Rev. flat to Q1? Q3 earnings down from Q1? Doesn't look like Intel will reach $0.81 in Q3. From the earnings report <The company expects revenue for the third quarter of 1998 to be flat to slightly up from second quarter revenue of $5.9 billion. Consistent with the company's earlier expectations, second half revenue is expected to be greater than the first half revenue. Gross margin percentage in the third quarter of 1998 is expected to be up a couple of points from 49 percent in the second quarter. Intel's gross margin expectation for the full year 1998 is unchanged at 52 percent, plus or minus a few points. In the short-term, Intel's gross margin percentage varies primarily with revenue levels and product mix. >

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