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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (38192)12/4/1998 3:13:00 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
>>Intel Corp. (INTC) Chip maker sees Q4 revenue up 8% to 10%, much stronger than
previous estimate of 3% to 5%.

Alex Lenke, Intel's Investors Relations manager made these comments at last night's
Richmond Society of Financial Analysts; in upbeat presentation, Mr. Lenke also said
that Q4 gross margins to increase a couple of points from 52.6% in Q3; expenses for
Q4 are expected to rise 8% to 10% above Q3 level of $1.4 bln; Mr. Lenke said that
demand was stronger due to customers buying new PCs as a means of avoiding the
Y2K problem.<<

either lenke is up to hanky panky or your y2k scenario is wrong. so, which is it ;-)
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