Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.12

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To: Barry Grossman who wrote (69385)	12/3/1998 8:41:00 PM
From: denni	Read Replies (2) of 186894

Intel Sees 4Q Revs Up 8%-10% Vs. 3Q; Had Seen 3%-5% interactive.wsj.com >>In a speech before the Richmond Society of Financial Analysts Thursday night, Alex Lenke, Intel's Investor Relations manager, said the previous estimate for fourth-quarter revenue growth had been 3% to 5%. For the third quarter ended Sept. 30, Intel reported revenues of $6.73 billion.<< During what was mostly an upbeat presentation, Lenke also said that he sees fourth-quarter gross margins "up a couple points" from 52.6% in third quarter. Fourth-quarter expenses are expected to be 8% to 10% higher than third-quarter expenses of about $1.4 billion.

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