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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%Nov 13 3:59 PM EST
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To: Paul Engel who wrote (66496)10/13/1998 11:01:00 PM
From: Fred Fahmy  Read Replies (5) of 186894
 
Paul and Intel investors,

Once again, Intel has demonstrated what a well run powerhouse this company is. Record revenues and a record Q3 EPS in a time which most talking heads are calling one of the worst semi downturns in history.

What a truly outstanding and almost unbelievable performance. These results are far better than even the most optimistic of us would have predicted. Did anyone in the world believe that EPS would actually be up YTY?? How many companies (especially semi's) are turning in record results in the current environment?? I think a huge congratulations is in order for Intel's management team and all the workers who helped generate these results.

How will WS react tomorrow......Who gives a flying %$#^! Intel is not about tomorrow or the next day or the next week. It never has been and it never will be. Intel is a get rich slow investment.

The company continues to show improvement beyond all expectations in an extremely tough climate. It is extremely amusing to hear the negative spin that some are trying to put on the earnings report.

Here's an interesting tid bit: AMD just had their best quarter in more than a year when they reported a positive $.01 EPS. Intel's average DAILY EPS for the quarter was $.01. In other words, Intel made more money per share in one day than AMD did for the entire quarter. Kind of puts things in perspective <ggg>.

FF
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