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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%Nov 18 3:59 PM EST

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To: Diamond Jim who wrote (71121)1/12/1999 4:38:00 PM
From: Tony Viola  Read Replies (1) of 186894
 
Jim, >>>Gross margin percentage in the first quarter of 1999 is expected to
be down slightly from 58 percent in the fourth quarter. Intel's gross
margin expectation for 1999 is 57 percent, plus or minus a few
points, compared to 54 percent for all of 1998. In the short term,
Intel's gross margin percentage varies primarily with revenue levels
and product mix.<<<

GM's hit 58% in 4Q, then projected down slightly in 1Q99, then expected 57% for 1999, vs. 54% for 1998. This is as good as it gets. No more talk of 50% or anywhere near it.

Tony
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