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

To: yard_man who wrote (53104)	4/14/1998 6:26:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 186894

I think an even better question is how good is Intel's crystal ball? They said they think that Q2 will be the lowest quarter, with improvement after that. If you believe their prediction, it's good news. If you don't believe it, then it doesn't tell us much one way or the other.

To: yard_man who wrote (53104)	4/14/1998 6:37:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 186894

prescient ? -- Anyone have a dictionary ? I hate it when that happens. When the earnings do NOT decline as much as they are expected to, that is viewed as better than expected. Do you understand that Intel is sitting at a PE of 20, the S & P 500 >24, and a lot of people saying they are doomed. They are still making money, not empty promises like their competitor's are. I think the longs are just happy to be treading water and maybe a little better right now, no one is saying this is the greatest thing to ever happen but its better than it could have been and maybe there is a light at the end of the tunnel. Let's hope its not a train coming this way<g>. jim

To: yard_man who wrote (53104)	4/14/1998 6:43:00 PM
From: Barron Von Hymen	Respond to of 186894

The company is still making 53-54% margins and buying back it's stock on a regular basis. I'd pay 19X trailing 12 months earnings for that.

To: yard_man who wrote (53104)	4/14/1998 6:51:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Barry, Re: "Explain how declining earnings are good for any business. Sounds like business is slowing down." They aren't, but no company has ever been up sequentially, quarter after quarter, forever. A couple of weeks ago, Barrett said somewhere in Asia, or Japan, that Intel's second half sales would be strong. The same was said today (sequential growth would resume in the 3rd quarter). That's good enough for me. Do you think it's been straight up from 0 to $25 billion per year for Intel in the past 28 years, with no setbacks? One year (about 1986) Intel lost over $100,000,000, and proceeded to get out of the DRAM business and concentrate on CPU's. They survived. Hey, Babe Ruth struck out a lot. So did Mickey Mantle. Ted Williams "failed" 65.7% of the time (lifetime batting average of .343). Somehow they managed to remain employed until they chose to retire. Tony