Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: andy kelly who wrote (81795)	5/27/1999 2:20:00 PM
From: andy kelly	Read Replies (3) of 186894

Thread I would like to revisit an issue from the Q1 CC that I haven't seen discussed here. The question of INTC's forward looking GM predictions. This is from memory but I think they predicted 59% +/- for Q1 and 2 but then down to 57% +/- for Q3 and 4. Why is this? Isn't this the opposite direction as one would expect, with back to school and Christmas buying pulling margins UP in Q3 and 4? Were they looking for Celeron sales to pull down margins, competition with the K7 to heat up, or the dreaded overcapacity price war to get started? All of the above? What do people think? Andy

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