Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: P.Prazeres who wrote (8134)	1/14/1997 4:59:00 PM
From: Joey Smith	of 186894

The biggest statement in the report is that Intel expects 1997 TOTAL YEAR gross margins to be around 60%, plus or minus a few points. So much for K6 and M2 pricing concerns... Given that Intel always is conservative, I would also expect 1997 EPS to be upgraded to over $10 tommorrow by analysts. Also, with the 2:1 split, maybe $170 this week. I believe someone posted that Intel is the most shorted stock right now on Nasdaq. Well, enjoy watching the shorts run for cover tomorrow. cheers, joey

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