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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: William B. Kohn who wrote (5668)	1/13/1998 4:50:00 PM
From: Frank Povoski	Respond to of 11555

INTEL Blowout numbers .98 against zack est .92-.94 ntel's 1997 Revenue and Earnings Set New Records 1997 Revenue up 20% to $25.1 Billion 1997 EPS $3.87, up 33% Record Quarterly Revenue SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 13, 1998--Driven by the rapid market acceptance of the Pentium(R) II processor and the Pentium(R) processor with MMX(TM) technology, both of which were introduced in 1997, Intel's 1997 revenues and earnings per share set new records, the company said today. 1997 was the eighth consecutive year of both record revenue and earnings for Intel. Revenue totaled $25.1 billion in 1997, up from $20.8 billion in 1996. Net income was $6.9 billion or $3.87 per share, up from $5.2 billion or $2.90 per share in 1996. Fourth quarter revenue of $6.5 billion set a record, and was up from $6.4 billion for the fourth quarter of 1996. Net income was $1.7 billion for the fourth quarter, down from $1.9 billion for the comparable period a year ago. Earnings per share in the fourth quarter were $0.98, down from $1.06 in the final quarter of 1996.