Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.45

-2.2%

1:11 PM EST

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To: Paul Engel who wrote (66705)	10/15/1998 2:34:00 PM
From: gnuman	Read Replies (2) of 186894

Paul Engel, RE; Intel ships 24 Million CPU's in Q3 If true, that's an amazing number. Total industry X86 shipments for Q3 would be 28 Million+. And with projected growth, we're looking at close to 60 Million in 2H. Considering IDC forecasted only a total of 80 Million PC's W/W in 1998, that's pretty fantastic. The thing that's interesting is with these outstanding shipments and the record breaking Q3 revenues we have lower earnings on a Y/Y basis. And on a Y/Y basis the lower 1998 tax rate and the 12 months stock repurchases contributed 5 ½ cents to the ‘98Q3 EPS. (My calculations). This may be one reason the stock isn't taking off.

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