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

To: Paul Engel who wrote (85194)	7/10/1999 2:57:00 PM
From: Ian Davidson	Read Replies (1) \| Respond to of 186894

Hi Paul, I don't know whether you're interested, but here is Michael Murphy's take on Intel's earnings. I know he's not all that well thought of, but he's been awfully good on Intel. Anyways... "Intel (Issue #403) will announce earnings on July 13 th . The Street estimate is 53¢; we're looking for 58¢. INTC rose this week, mostly on analyst speculation of increasing sales and good cost control. Lehman Brothers named INTC as one of its “10 Uncommon Values” for 1999. Prudential and Merrill Lynch both upgraded their recommendations. Chief Executive Craig Barrett sees a better second half of '99, and so do we. The deal to purchase Dialogic closed, and they also acquired Softcom for cash (sorry –the price was undisclosed). Intel has an agreement with Silicon Graphics to optimize OpenGL for better 3D graphics and data visualization workstations. iCat (a division of INTC) is working with British Telecomm to provide e-commerce services to 1.3 million customers, mostly small to mid-size businesses. One deal gone sour is with Via of Taiwan. INTC had subcontracted with Via, but are now suing them for stealing design plans. Incidentally, Via is now purchasing part of Cyrix from National Semiconductor. Via sees itself becoming a competitive threat for INTC – we think wait and see. Hold INTC for our $75 target, coming soon." Ian

To: Paul Engel who wrote (85194)	7/10/1999 2:58:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 186894

Here's a list of some important events to watch for: Monday Newspaper giant Gannett (GCI) is expected to report earnings per share of 86 cents a share, compared to 78 cents a share a year ago. Motorcycle maker Harley-Davidson (HDI) is expected to earn 43 cents a share, compared to 36 cents a share a year ago. After the close, chip maker Vitesse Semiconductor (VTSS) is expected to report earnings of 23 cents a share, compared to 18 cents a share a year ago. Chip equipment maker Applied Materials (AMAT) holds an analysts' meeting in San Francisco. Tommy Hilfiger (TOM) shares split 2-for-1. Tuesday LJR Redbook reports weekly retail sales. After the close, chip king Intel (INTC) is expected to report earnings per share of 53 cents, compared to 33 cents a year ago. Dow components AlliedSignal (ALD) and International Paper (IP) are scheduled to report quarterly earnings. AlliedSignal is expected to earn 70 cents a share, compared to 61 cents a share a year ago. International Paper is projected to earn 23 cents a share, compared to 29 cents a share a year ago. There are a couple of brokerage companies reporting quarterly results. Analysts expect Merrill Lynch (MER) to earn $1.46 a share, compared to $1.31 a year ago. PaineWebber (PWJ) is expected to earn 94 cents a share, compared to 82 cents a share a year ago. After the close, cellular phone giant Motorola (MOT) is expected to earn 41 cents a share, compared to a penny a share a year ago. Wednesday The U.S. Department of Labor will report the producer price index for June at 8:30 a.m. ET. The PPI is a closely watched measure of prices of goods at the wholesale level. The Department of Commerce will report retail sales for June at 8:30 a.m. ET. This report is a widely followed indicator of consumer spending patterns. PC maker Apple Computer (AAPL) is expected to report quarterly earnings after the close. The Street expects the company to earn 64 cents a share, compared to 50 cents a share a year ago. Online broker Ameritrade (AMTD) is expected to report earnings per share of three cents, the same as a year ago, after the close. Internet service provider Earthlink Networks (ELNK) is expected to lose 22 cents a share, compared to a loss of 20 cents a share a year ago. Banking company Fleet Financial (FLT) is expected to earn 73 cents a share, compared to 64 cents a share a year ago. Auto maker Ford (F) is expected to earn $1.95 a share, compared to $1.91 a share a year ago. Photography company Polaroid (PRD) is expected to earn 33 cents a share, compared to three cents a share a year ago. Cable giant Time Warner (TWX) is expected to earn six cents a share, compared to two cents a share a year ago. Thursday The Department of Labor will report the consumer price index for June at 8:30 a.m. ET. This is an important indicator of prices of goods sold and of inflation. Among cyclical companies, Dow component Caterpillar (CAT) is expected to report earnings per share of 81 cents, compared to $1.20 a year ago. AK Steel (AKS) is forecast to earn 31 cents a share, compared to 56 cents a share a year ago. Alcan Aluminum (AL) is expected to earn 25 cents a share, compared to 44 cents a share a year ago. Champion International (CHA) is expected to earn 25 cents a share, compared to 26 cents a share a year ago. A bunch of tech companies are reporting quarterly earnings after the close. Disk drive maker Seagate Technology (SEG)is expected to earn 36 cents a share, compared to 11 cents a share a year ago. Internet software maker Inktomi (INKT) is expected to lose 12 cents a share, compared to a loss of 13 cents a share a year ago. Chip maker Microchip Technology (MCHP) is projected to earn 38 cents a share, compared to 31 cents a share a year ago. Auto maker General Motors (GM) is expected earn $2.56 a share, compared to 47 cents a share a year ago. Consumer products maker Gillette (G) is expected to earn 26 cents a share, comapred to 33 cents a share a year ago. Medical devices maker Guidant (GDT) is expected to earn 33 cents a share, a penny higher than a year ago. Toy maker Hasbro (HAS) is expected to earn a dime a share, compared to three cents a share a year ago. Friday The Federal Reserve reports industrial production for June at 9:15 a.m. ET. Tools and furnishings maker Black & Decker (BDK) is expected to report earnings per share of 77 cents, compared to 57 cents a year ago. Beverage giant Coca-Cola (KO) is expected to earn 38 cents a share, compared to 47 cents a share a year ago. Dow component Goodyear Tire (GT) is expected to earn 45 cents a share, compared to $1.25 a share a year ago. Toy maker Mattel (MAT) is expected to earn 15 cents a share, compared to 20 cents a share a year ago. Brokerage Charles Schwab (SCH) is expected to earn 17 cents a share, compared to nine cents a share a year ago. << MARKET TODAY ARCHIVE