SI
SI
discoversearch

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: Jean M. Gauthier who wrote (49647)3/5/1998 8:56:00 AM
From: Marc A. Bttcher  Read Replies (2) | Respond to of 186894
 
very positive: 8:20 am... STILL ACCUMULATE INTEL (INTC 77****) AS PREANNOUNCES Q1 EPS SHORTFALL... says EPS will be below street mean of $0.93... We now estimate Q1 EPS of $0.67, including a nonrecurring $0.09 acquisition related charge... shortfall comes as revs. are now seen down 10% in Q1 from Q4 vs. co.'s prior guidance of flat rev. growth, due to weak demand from OEM vendors in U.S., and no relief from Japan... lower sales volume means gross margin will be 53% vs. Q4's 59%... We see this as near term issue, with recovery seen in second half... At 17x '99 EPS estimate of $4.45, INTC still attractive. /M.Graham Hackett



To: Jean M. Gauthier who wrote (49647)3/5/1998 11:21:00 AM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Jean - Re: "how the lEAPS work ??"

Leaps are pretty much the same as standard options but the expiration dates are always in January and stretch out to about 2 years.

Both Call Leaps and Put Leaps are traded. Both can be bought or sold.

For a listing of all options for a given stock, including leaps, check out this Dreyfus URL:

206.7.107.50

The Leaps are those options with January 1998, 1999 and 2000 expiration dates. The "Ticker Symbols" are a little odd.

Paul