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


To: Glenn D. Rudolph who wrote (52052)4/4/1998 3:24:00 PM
From: TTOSBT  Read Replies (2) | Respond to of 186894
 
Glenn, Re: "INTC: BLACK & CO. decreased estimate for fiscal year ending 12/98 from $4.17 to $3.47 on 04/01/98
INTC: BLACK & CO. decreased estimate for fiscal year ending
12/99 from $4.88 to $4.21 on 04/01/98 "

The logic of these announcements baffle me. Does this statement indicate, "I was WRONG when I said INTC would earn $4.17 for 1998 and $4.88 for 1999. But now I'm right that they will earn $3.47 for 1998 and $4.21 for 1999, until and unless I change that sometime henceforth!"

TTOSBT