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To: AK2004 who wrote (1067)7/18/2000 1:11:36 PM
From: AK2004Read Replies (1) | Respond to of 275872
 
hey yet another revolt against intel - this time it is SoundView. Do I detect a sarcasm in capital gains of 1.50/share if everything is sold so no problem for the next quarter as well :-))

INTC will report earnings tonight after the close. We believe that INTC's commentary going into 2H will be compelling from both a demand and execution perspective. While we are not looking for significant upside to operational results, we expect INTC to meet or slightly exceed street estimates of $0.98.
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Other income: INTC's investment portfolio as of April 1 included appreciation of about $7.8 billion for its marketable securities. We believe that other income for Q3 is likely to be guided higher than the current 500 million that we are carrying. For Q2, INTC's other income was guided to $2.3 Billion. INTC's investment portfolio as of April 1 included appreciation of about $7.8 billion for its marketable securities: $7.8 billion of gains (on its public portfolio alone) equates to about $1.50 of earnings (tax effected at the 32% rate).



To: AK2004 who wrote (1067)7/18/2000 11:13:11 PM
From: Paul EngelRespond to of 275872
 
Re: "We're looking for June quarter revenues of $8.06 billion, up 20% YoY and up less than 1% sequentially. "

He only missed it by $240,000,000 !!!!