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

To: Andy M. who wrote (53053)	4/14/1998 5:21:00 PM
From: Francis Chieh	Read Replies (1) \| Respond to of 186894

To all: Anyone know how to listen to realaudio INTC conference call ? I have the link but no icon to conf. call ? Thanks F.C.

To: Andy M. who wrote (53053)	4/14/1998 7:45:00 PM
From: Maverick	Read Replies (1) \| Respond to of 186894

Late yesterday, INTEL CORP said that it is disappointed by a judge's ruling in a lawsuit filed against it by INTERGRAPH CORP and said that it is considering its options, up to and including a possible appeal. On Friday, a U.S. district court in Alabama granted a preliminary injunction against Intel, preventing it from terminating Intergraph's rights as a strategic Intel customer. Intergraph makes high performance desktops and servers that run Intel's Pentium, PentiumPro and Pentium II processors. "We have to give them advance product, which we had stopped doing in August," said an Intel spokesman. "We have to share early products with them. There is no financial impact here." (Reuters 06:55 PM ET 04/13/98) For the full text story, see infobeat.com

To: Andy M. who wrote (53053)	4/14/1998 9:37:00 PM
From: AK2004	Read Replies (1) \| Respond to of 186894

Andy if you insist - below is 1st revision from Alex Brown. While it is still a "buy" they have revised 98 earnings down. Also after picking at 78 11/16 (as per bloomberg) the aftermarket price is going down and right now at 78 1/4 Regards -Albert 08:41pm EDT 14-Apr-98 BT Alex. Brown Incorporated (E. Klauer) INTC INTC: First Quarter Earnings Review-Buy ......... HIGHLIGHTS: Intel Corporation: First quarter results in line, second quarter outlook weak due to continued inventory adjustments at OEMs. Intel reported first quarter earnings per share of $0.72, which were in line with Street expectations and a penny better than our forecast of $0.71. First quarter sales were $6.0 billion, down 7% from the first quarter of 1997 at $6.4 billion and down 8% from the fourth quarter of $6.5 billion. Sales were negatively impacted by weaker demand from OEMs reducing inventories during the quarter. Intel's outlook for the second quarter is cautious with an expectation for flat to slightly down sales and earnings. This is due to continued inventory adjustments by major PC OEMs, though typically Intel experiences flat quarter to quarter sales growth in the second quarter for seasonal factors. Q2 should represent the trough in terms of sequential sales growth and margins. A recovery is expected in the second half by the Company. Sequential sales growth should resume as inventories are brought into better balance and theCompany enters the sweet spot of the Pentium II product cycle. We have lowered our estimates for 1998 from $3.30 to $3.10, to reflect the flat outlook for the second quarter as well as a slower recovery in the second half. However, we have left our 1999 estimates unchanged at $4.00. We maintain our "buy" recommendation. ..................