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


To: Ibexx who wrote (52959)4/14/1998 4:54:00 PM
From: Raymond  Read Replies (1) | Respond to of 186894
 
I want to follow Intel if I'm an analyst! It's so darn easy. Intel basically tells everything. The numbers for Q2'98:

Revenue: 6000
cost of goods: 6000*50% = 3000
expense: 1300*1.05 = 1365
-------------------------------
operating income: 1635
Investment income: 160
------------------------
Pretax income: 1795
After tax: 1795*0.67 = 1202
EPS: 1202/1775 = 67.7c

The number will be a little lower if the stock goes up, which will result in an increase of diluted shares.

Although Q2 number is lower than Q1, I think the stock will go up at least three points tomorrow. In addition to the prediction that sales will pick up later in the year, all the following are good:

1. Intel meets the revised estimates
2. elimination of 3000 jobs
3. reduced capital expenses
4. reduced R&D and MG&A expenses
5. Most importantly, Intel spent more money than they earned to buy back stock in Q1.

Raymond