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


To: Elmer who wrote (125932)1/24/2001 5:09:02 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Elmer, Intel investors, just saw this on Briefing about Exodus' quarter. On line services/web hosting looks like a real bear as far as making a profit goes. Exodus, best known in the field (unless you want to consider IBM) has never posted a profitable quarter. Just wondering about Intel's foray into this area. Will they ever see a profit?

Exodus Comms (EXDS) 28 3/16 +2 3/16: Reports Q4 loss of $0.13 a share, $0.03 better than the First Call consensus of ($0.16); revenues rose 176.6% to $280.39 mln (vs $276 mln consensus) from a year-ago of $101.39 mln. Company guides 2001 revenue estimates higher to $2.0-2.3 bln from prior guidance of $1.8 bln, but gross margins are guided sharply lower to 29-32% from 36-39% and Q1 EPS is also guided lower as a result to a loss of $0.26-0.27 from the current consensus of ($0.17), cites dot-com weakness -- trading down 2 1/2 points after hours as a result.



To: Elmer who wrote (125932)1/24/2001 5:20:48 PM
From: NITT  Respond to of 186894
 
Elmer,
re: "Why do they like paying taxes?"

They don't, but non-qualified options are subject to regular income tax when you exercise... now way around it. The company takes the withholding and puts the income on your W-2 even if you buy and hold. Gordon got his stock when the company was founded... he is long on every share he has.

Nitt



To: Elmer who wrote (125932)1/24/2001 5:22:24 PM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
Elmer, RE: What I don't understand is why they ever sell. I'd exercise the options and just write CCs.

Note that there are short term trading restrictions for insiders that would prohibit most covered call sales.