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


To: Diamond Jim who wrote (90270)10/14/1999 12:54:00 AM
From: Paul Engel  Respond to of 186894
 
Diamond - Re: "Here's the truth about Intel's third quarter, according to generally accepted accounting principles. Profit dropped to $1.5 billion, or 42 cents a share, from $1.6 billion, or 44 cents a share, in the same 1998 period. "

Let's use these numbers for comparison on January 12, 2000 when Intel reports its Q499 earnings.

If Intel hits, say, $1.95 Billion in profit, they will show a quarterly sequential INCREASE of (1.95-1.5)1.5 = 30% !!!!

Maybe he'll like that 30% Growth number better !

Paul