Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dmf who wrote (44750)	1/10/1998 10:25:00 PM
From: Ibexx	Read Replies (2) \| Respond to of 186894

hi dmf, H&Q's Chaplinsky has the following to say about INTC's Q4, the update was issued a couple of days ago: ___ 1. We (H&Q) believe that INTC will report in-line with our recently revised December quarter EPS of $0.90 on $6.25 billion in revenues. 2. Strength during the quarter is being driven by seasonal growth inoverall microprocessor unit sales, double digit sequential sales growth in Europe, continued strong demand in China, and a marginal increase in ASPs. 3. We remain cautious on the first half of 1998 outlook for INTC due to the growth of the sub-1000 PC, which should continue to place presure on overall ASPs, and the uncertainties surrounding the economics of Asia. 4. We maintain our HOLD rating on INTC and believe that our March quarter EPS projection of $0.89 will remain unchanged. ____ Rob has been both right and wrong before, so we shall see. Regards, Ibexx

To: dmf who wrote (44750)	1/11/1998 9:36:00 AM
From: Michael Cozza	Read Replies (3) \| Respond to of 186894

dmf & Ibexx: The "Inside Wall Street" column in the latest Business Week (Jan19 edition) cites Michael Murphy on Intel. Murphy says it is one of his two top picks for 1998. Murphy, who edits the California Technology Stock Letter, says you can't just look at the P-E ratio for such a stock...You have to consider what the company spends for R&D, because that money would have been earnings had it not been reinvested for future development. Murphy says Intel has "vast" R&D spending, and considers the stock a bargain at current price--73 when the article was written. Murphy notes Intel is selling at a P-E of 18, compared to the S&P average of 22. He believes its price will climb back to 100 before the end of the year. This article is also in the on-line edition of Biz Week. I access it through AOL. I'd provide a link, but I can't figure out how to do that for non-AOL, members.