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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (39557)	4/14/1998 3:22:00 PM
From: Jay	Respond to of 58727

The heck w/ the link. I copied the story: <<OT>> INTC Briefing: 14:35 ET ****** INTEL CORP. (INTC) 76 5/8 +3/8. In an atypical fashion, shares of leading chip maker are moving very little ahead of its earnings report later today. In the past, the opposite was the norm as investors were down right confident that Intel would have no problems meeting or exceeding market expectations. However, the times have changed, and with the company encountering less than accustomed sales and margin growth rates, the stock has become a market lagger since Intel warned about its Q1 results and said that sales would come in 10% below its Q4 level and that earnings would be below Wall Street expectations. Hence, the only thing to look forward to tonight is what the company has to say about the future as investors have already conceded that Q1 earnings will not be better than $0.72 a share on revenues of about $5.85 billion. In the year-ago period, Intel earned $1.10 a share on revenues of $6.45 billion, while it netted a profit of $0.98 on revenues of $6.51 billion in the preceding quarter. Gross profit margins are also expected to fall from the 59% level posted in Q4 to around 53%, a sign that competitive pressures along with a less favorable product mix are starting to take their toll on the bottom line. Still, the conference call will hold everyone's attention as through its capital spending numbers and outlook for its low-end Celeron chips, the company is expected to provide guidance of how strong the future appears at the moment. To be sure, any signs that demand is reversing course for this leading chip manufacturer would be a boon for tech stocks across the board. However, given how tentative the stock has traded today, it suggests that investors expect little good news to be announced after the numbers are released this afternoon