Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GVTucker who wrote (86485)	8/2/1999 10:58:00 AM
From: Tony Viola	Read Replies (4) \| Respond to of 186894

GV, Intel investors, I caught some of the Salomon Smith Barney reiteration of BUY details for Intel on CNBC: - they are raising their estimates for sequential growth for both 3Q and 4Q 1999 to 10% from 7%. - raising 3Q eps est. to $0.60 from $0.56 - raising eps for 1999 to $2.35 from $2.25 - raising eps for 2000 to $2.90 from $2.60 - big drivers: 1. Shift from emphasis on Celeron to emphasis on Pentium III and Xeon. No more detail on this one. PIII is taking over as #1 selling CPU in the world (my comment, is that what they meant?). 2. Continuing cost management/reduction - Raise price target from $85 to $95 - Intel is SSB's #1 large cap stock pick. Joe Kernen was careful to get this all out, and then asked David Faber if he'd forgotten anything. That was a lot. Did I miss anything? Tony