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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 (81802)5/27/1999 4:14:00 PM
From: Process Boy  Read Replies (1) of 186894
 
andy - < I think they predicted 59% +/- for Q1 and 2 but then down to 57% +/- for Q3 and 4. >

Actually, Intel predicted 57% +-2 for Q1 and Q2, but came in with 59% for Q1. I recall this to seemingly causing great consternation to our AMD threadmate and Needham Principle A.A. "Tad" La Fountain. Either he, or another analyst kept pressing C.O.O. Bryant to [paraphrasing] "just say 59 Andy", but Bryant kept saying "we predicted 57 +-2, and that's what we did [ because 59 is +2, therefor within the predicted range]. He did say they would revisit margin predictions after q2.

PB
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