Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 46.48

-3.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: victor pan who wrote (8528)	1/15/1997 9:04:00 PM
From: exhon2004	of 186894

victor: re Fahnestock's cut. "NEW YORK (Dow Jones)--Fahnestock & Co. lowered its rating on Intel Corp. (INTC) to hold from buy. In a research note, the firm said the downgrade is due to the recent pricing strength in the stock. The firm said it expects Intel to earn $7 a share in fiscal 1997 and $7.50 in fiscal 1998." $7.00 eps in 1997? IMHO this means that by the time the 3rd qtr is reported these guys will have to estimate $0 Profit for the 4th quarter in order to maintain their $7 est for the year. Or maybe they think there are only 3 quarters in the year. Best Regards Greg Gimelli PS anyone know their estimate for 1996?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next