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

To: Barry Grossman who wrote (85597)	7/14/1999 2:33:00 AM
From: Process Boy	Read Replies (1) \| Respond to of 186894

Barry - < take the Intel guidance literally When Andy Bryant was asked about outlook for the second half, he said (I am paraphrasing), “I think you can look at the second half in the past few years compared to the first half and that would be an accurate picture of what we expect for 2H99." Putting that with the forecast for a 60% margin for the year and slightly higher revenues for 3Q99, gave me this:> Excellent method Barry, IMHO, if you, as I said, tend to take what Bryant says literally. Thanks for pounding out the numbers! Also, I believe Intel tends to target a range, thus, any hand wringing over a few pennies within the indicated range is pointless, IMHO. BTW, I agree with this approach. PB