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


To: Moose who wrote (85436)7/13/1999 4:33:00 PM
From: Pierre Aydin  Read Replies (1) | Respond to of 186894
 
16:25 [INTC] REPEAT: INTEL Q2 EARNS 53 CENTS; FIRST CALL ESTIMATE 51 CENTS.

WHAT'S THE OFFICIAL NUMBER IS IT 53 OR 51



To: Moose who wrote (85436)7/13/1999 4:37:00 PM
From: SJS  Read Replies (2) | Respond to of 186894
 
Moose,

I made this prediction today....

Message 10488186



To: Moose who wrote (85436)7/13/1999 4:40:00 PM
From: Tony Viola  Read Replies (3) | Respond to of 186894
 
In the Q1 earnings report, Intel predicted Q2 GM to be 59%, same as Q1, but for the entire year, they predicted GM to be 57% +/- a few points. That made H299 GMs have to be about 55%. Now, Intel is saying 60% for the entire year, requiring about 61% for H299. That is outstanding news, and if the stock rebounded in after hours, that's why.

** Gross margin percentage in the third quarter of 1999 is
expected to be up slightly from 59 percent in the second
quarter. Intel's gross margin expectation for the full year 1999
is now 60 percent, plus or minus a few points, up from prior
guidance of 57 percent, plus or minus a few points.


Tony



To: Moose who wrote (85436)7/13/1999 5:50:00 PM
From: Paul Jamerson  Read Replies (2) | Respond to of 186894
 
I agree. The positive forward statement, gross margin and market share gains is very positive. Keep in mind, Intel is very conservative and usually doesn't make outlandish projections unless it feels confident it could be met.