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

To: IncredibleHult who wrote (56630)	6/2/1998 1:45:00 PM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Incredible - Let's look at some other projections Kurlak has made about Intel. Here is one from May 20, 1997. {===================} worldwebxpress.com Merrill Lynch Optimistic About Intel An analyst at Merrill Lynch said that he expects Intel Corp.'s revenues and earnings per share to rise over the next year. Tom Kurlak said that the chip maker's revenue would grow 36 percent annually, up from its current growth rate of 30 percent, and its earnings per share to rise from 25 percent to 30 percent at a five-year compounded rate. He went on to say that Intel's average selling price for its microprocessors would leap from $276 to $550 over the next five years and that its stock price would be $200 by the end of this year and $235 by the end of next year. {==================} Eleven days after this BRILLIANT FORECAST by Kurlak, Intel preannounced an earnings shortfall and the stock plummeted. Check out your gods before you begin your worship. Paul