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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Barry Grossman who wrote (20903)9/9/1998 2:07:00 PM
From: Tony Viola  Read Replies (1) of 27012
 
Barry, Re: "
Didn't Intel preannounce higher 3Q96 earnings?"

Yes, they did, unless it was for 4Q96. Whether they preannounce for 3Q98, I guess, depends on by how much they think they'll beat estimates. Current quarter consensus looks like 73›. I don't know if they'd go with a ñ % delta from consensus and preannounce if it looks better than +X%, or what. For example, and forgetting the minus side, +10% would be about 80› per share. Would they preannounce based on that? Some analysts are now up to 79›, so, I don't think so. My guess is that it would take something like 82› or better. Looking good all around, in any case.

Tony
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