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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: jmac who wrote (71236)1/12/1999 7:27:00 PM
From: Jeff Fox  Read Replies (2) of 186894
 
jmac, re:" see Intel pre-announce the 1st Q earnings in February when they see how strong Jan is."

I think you have it nailed. - The Q1 forecast is obviously sandbagged. The question was asked by Bogin (sp?)in the conference call, "With unfulfilled demand, why down in Q1?" Andy Bryant's answer was equivocal with his main rational as 'looking at history'. This clearly a mushy response, he has gone very conservative here.

Jeff
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