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


To: Paul Engel who wrote (105546)7/12/2000 6:21:23 PM
From: Elmer  Read Replies (1) | Respond to of 186894
 
Re: "By the way - how much investment income did AMD make last quarter?"

A lot less than many on this board.....

EP



To: Paul Engel who wrote (105546)7/13/2000 4:26:31 PM
From: Dan3  Respond to of 186894
 
Re: Please post a link.

Strategic or not, it's been a boon to Intel's bottom line. Some analysts grumbled about being asked to revise their estimates upward--after all, investment gains, especially huge ones like this, are typically nonrecurring. But most capitulated and raised estimates by as much as 27 cents per share. The handful that didn't make the change found that their estimates were not carried by First Call/Thomson Financial.

"I will revise [my estimates] because First Call has seen fit to remove the estimates of analysts who haven't, which is sort of irritating," says Terry Ragsdale of J.P. Morgan, who had maintained his earnings per share estimate of 70 cents. He said he understands the rationale of wanting a uniform earnings consensus in which all analysts compare apples to apples, but Ragsdale feels it "ought to be up to me" to determine estimates.

"We work on a majority-rules policy," says Joe Cooper, research analyst at First Call in Boston, who says that even one analyst can tip the scales to create a majority.

forbes.com