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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: John Hull who wrote (85014)7/6/1999 9:07:00 PM
From: Maverick  Respond to of 186894
 
BancBoston sees 3Q revenues flat to slightly up with "flatish" gross margin.
RESEARCH ALERT - Intel estimates cut

NEW YORK, July 6 (Reuters) - BancBoston Robertson Stephens
said Tuesday it trimmed its second quarter and full year 1999
and 2000 earnings estimates for Intel Corp. , citing
less-than-expected unit volume in the first quarter and other
factors.
-- The investment bank said it lowered the No. 1
chipmaker's second quarter estimate to $0.52 a share from
$0.53. It also cut its fiscal year 1999 per share expectation
to $2.19 from $2.25 and its fiscal year 2000 estimate to $2.40
from $2.55.
-- BancBoston sees second quarter revenues at about $6.75
billion.
-- BancBoston sees third quarter revenues flat to slightly
up with "flatish" gross margin.