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

To: Tony Viola who wrote (102550)	4/19/2000 9:09:00 AM
From: Amy J	Respond to of 186894

RE: "A tough question about Intel Architecture Group growth: why so low year over year? ...Otellini said that chipsets and mobos, which are included in the IA group, are actually down YOY, so micros are" Hi Tony, That part is not good. Is the operational side now feeling the financial impact of last year's problems along with this year's supply constraints? However, to keep this in perspective, I believe the analysts are expecting EPS for 2000 around $2.9 (or something like that). Intel just did $.71/EPS (okay, let's use Bakunin's figure, which I would guess is $.61/EPS, no tax gain, incl acq cost). .614= $2.44 EPS. Or, .714=$2.84. And those are earnings from the historically worse quarter. Looks to me like they'll easily make their EPS for 2000, especially when you factor in what's coming out the pipes (30% cost reduction w/better process per CC, the new products, etc.) and particularly when you consider, Q1 is historically always the bad quarter. So, I think Intel will easily meet EPS in 2000. But I also think 2000 will need to be the year the product launches get smoother so they don't miss out on the opportunistic revenue/margins. Probably by Q1-2001, Intel will need to talk more about the new businesses, like they do IABG. No drive-by's yesterday - what happened? Maybe the traders are too busy with the overall Nasdaq fluctuations. Amy J