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Technology Stocks : Intel Corporation (INTC)

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To: Gerald Walls who wrote (68780)	11/19/1998 2:18:00 PM
From: Paul Engel	Read Replies (1) of 186894

Intel Investors - David Wu ABN Ambro Raises Intel's Earning Estimates He's predicting $1.10 for this quarter ! Wasn't Kurlak at $0.69 just a little while ago? Paul {==========================} Thursday November 19, 12:35 pm Eastern Time RESEARCH ALERT - Intel estimates raised PALO ALTO, Calif., Nov 19 (Reuters) - ABN Amro Chicago Corp. on Thursday raised its earnings estimates for Intel Corp. for the 1998 fourth quarter and 1999 first quarter, citing improving expectations for the 1999 first half because of new microprocessors. -- raised fourth quarter forecast to $1.10 a share from $1.08, and raised first quarter forecast to $1.15 from $1.08. -- Analyst David Wu said personal computer makers have slimmed down inventories and plan to roll out after Christmas new PCs using Intel chips with the Katmai instruction set, its next-generation multimedia enhancing technology. -- Wu said the first quarter could be up sequentially from the fourth quarter because of the Katmai rollout, as well as increased buying of PCs by large corporate customers in the first half as they prepare for the Year 2000. More Quotes and News: Intel Corp (Nasdaq:INTC - news) Related News Categories: US Market News

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