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


To: Greg Jung who wrote (85531)7/13/1999 6:56:00 PM
From: Diamond Jim  Respond to of 186894
 
So what are you trying to say? You lost me fairly early on in your ramblings.



To: Greg Jung who wrote (85531)7/13/1999 7:00:00 PM
From: Timothy Liu  Read Replies (1) | Respond to of 186894
 
> 500 MILLION DOLLAR SHORTFALL ...

> to an income "loss" of $275 million. 8c/share short of his .55, or .47c.

> However they reported 51 cents. So by hook or by crook they were
> able to manufacture 4 cents more in "income" just so you won't feel
> so bad.

Can't use the 55% margin to get the 'loss of income' that you mentioned. The most important thing you forget is TAX. Intel is not going to get that 8c but 5.3c (33% bracket). Taking into consideration that gross margin is a couple percent over Osha's model and you can see the earning is right on the money and Intel did not 'manufacture income'.

Tim
JMHO of course.