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

To: Mohan Marette who wrote (46945)	2/2/1998 3:20:00 PM
From: Ken Robbins	Respond to of 186894

Mohan, the phrase that I objected to is highlighted in the following quote from an article by Om Malik in Forbes Digital Tool 1/28/98: "Take a peek at Intel's fourth-quarter (ended Dec. 30, 1997) earnings' report. Wall Street was expecting the company to post earnings of around 90 cents a share. But Intel surprised the Street on January 14 with earnings of 98 cents a share. Look closer and you'll see that accounting tricks are responsible for those better-than-expected results. Intel's effective tax rate for 1997 was 34.8%, lower than the estimated 35.5%. This translated to roughly 4 cents a share for the fourth quarter. In addition, the company reported that its income from businesses other than microprocessor sales was about $50 million higher than expected. That's another 2 cents a share. Finally, the company bought back about 12 million shares, tacking an extra penny per share onto its earnings."

To: Mohan Marette who wrote (46945)	2/2/1998 3:30:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 186894

There are 2 types of people....those that invested in Intel and those that wish they had and now can only throw stones. Interesting chart of Intel and cap equipment companies at: suite101.com Chart seems to show good correlation. Might be time to buy those semicaps....sooner than some thought? regards Kirk out suite101.com