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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST

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To: James R. Barrett who wrote (74802)2/28/1999 10:41:00 PM
From: Paul Engel  Read Replies (2) of 186894
 
James - Re: " On 12/31/97 INTC had trailing earnings of $3.95
On 12/31/98 INTC had trailing earnings of $3.25Are you saying that an increase in Gross Margin causes earnings to decrease? "'

What kind of clown are you?

You said Intel's gross margins PLUMMETED in the past three years then you pick data from two years ago as your reference point.

DId you factor in Intel's increased depreciation?

Did you factor in Intel's purchase of Chips & Technology in 1998 and Intel's $800 million settlement with Digital Equipment ?

Did you factor in that 40% of the WORLD was in a DEEP RECESSION in 1998?

What YOU DID DO IS ONCE AGAIN IGNORE Intel's GROSS MARGIN 3 YEARS ago and their GROSS MARGINS TODAY !

Do some work instead of shooting off your mouth.

Go LOOK IT UP !

Paul

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