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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

+3.6%

Nov 24 3:59 PM EST

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To: James R. Barrett who wrote (74838)	2/28/1999 2:12:00 PM
From: L. Adam Latham	Read Replies (1) of 186894

Jim: Re: Read my post again. I did NOT quote 97 and 98 earnings. I quoted trailing earnings AS OF 12/31/97 and 12/31/98. Again, from intc.com, EPS as of 12/27/97 was $3.87, and as of 12/26/98 was $3.45. How could your trailing EPS numbers from 12/31 of each year be different? Re: See, I was right. Gross margins did FALL in 1998. You originally stated that "INTC's gross margins have fallen dramatically in the past three years." Paul, myself and others have already disproved this claim. You can't win this argument - there are too many of us who know Intel's financials backwards and forwards. Re: I will be buying INTC at $80. This is a good bet, but probably not until after 4/11/99. :-) Adam

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