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


To: GVTucker who wrote (177034)2/13/2004 3:08:51 PM
From: Jules B. Garfunkel  Read Replies (2) | Respond to of 186894
 
Are you kidding GV, or just parsing words? Please tell us then, who expected more than Intel's? ;

"-Better than expected Earnings
-Better than expected Revenues
-Better than expected Margins
-A tax windfall of some $480 Million, which when added to Retained Earnings represents almost a 4% increase. Given that it is a one time event, it is still almost $ one-half Billion more in the bank.
-A doubling of the annual dividend.
-A new phototronics technology which can be made from silicon chips. The company states that the new chips will increase switching speeds by at least 50 times the current world record, and is not obtainable from today's electronic technology.
-A breakthrough in chip technology for High Definition TV.
-The reversal of the Intergraph Award, which saves Intel another $100 Million."

These are positive events that few could have predicted, and certainly doesn't justify taking the stock price down almost 15% since Intel's Q4-03 earnings release.
Jules