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Technology Stocks : Compaq

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To: JRI who wrote (57843)4/14/1999 3:08:00 PM
From: Loki  Read Replies (2) of 97611
 
john rosser....Just came in, sitting pool side,
in the sunshine reading the INTC report, that I just arrived.

My eyes aren't adjusted to indoor.....the NASDQ down 48?!!!!!

Very Impressive Annual Report.....

1. When analyst (Niles) make estimates for INTC they do not
anticipate that there business model remains static.
If that is so how can he remove .02 from the estimate which
was derived from a transition in their business model.

Instead INTC should be given credit for the .02.

2. Earnings are use by good management to grow the corporations
in which investors have a stake. R & D is also used for this
purpose and could be added to the INTC earnings value.
(INTC R&D in 1998 over $2.5 Bil!)

3. Q1 - Q2 rev comparison (in bil $'s)

Q1 97 - $6.448
Q2 97 - $5.960

Q1 98 - $6.001
Q2 98 - $5.927

Q1 99 - $7.100
Q2 99 - $?.???

Just to balance the argument.

Loki
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