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


To: Gerald Walls who wrote (90219)10/13/1999 8:46:00 PM
From: Maverick  Respond to of 186894
 
tough time reconciling Intel's viewpoint that Y2K and Taiwan will not effect fourth-quarter demand
Credit Suisse First Boston and Robertson Stephens said they were cutting their earnings estimates on INTEL CORP. Credit Suisse First Boston lowered its 1999 EPS estimate to $2.23 from $2.31. Robertson Stephens said Daniel Niles, its managing director and senior electronic devices analyst, lowered fiscal 1999 EPS estimate to $2.21 from $2.28. Niles lowered fiscal 2000 EPS estimate to $2.55 from $2.65. Niles said, "Results were clearly worse than even we expected and can be attributed to gross margins that actually declined quarter-to-quarter." Niles said, "We are having a tough time reconciling Intel's viewpoint that Y2K and Taiwan will not effect fourth-quarter demand." (Reuters 11:27 AM ET 10/13/99)



To: Gerald Walls who wrote (90219)10/13/1999 8:54:00 PM
From: Amy J  Respond to of 186894
 
RE: "I bought 100 at 71-3/8 last night after the CC. Sold it this morning at 73-3/8. I had intended to hold it but I decided afterwards that I already had all the Intel exposure I needed, with stock and LEAPS, and a quick two points is a quick two points. Then I went off to jury duty where I was, ugh!, selected."

Hi Gerald,

Congratulations on your Intel gains! That was quick!

Sorry about the jury duty! I've heard some can be really long. Hope it doesn't negatively impact your work.

Good luck,

Amy J



To: Gerald Walls who wrote (90219)10/13/1999 10:29:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 186894
 
Next time if you tell them you are self employed as a day trader they will not select you. <ggg>