Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Patrick E.McDaniel who wrote (51319)	7/14/1998 7:08:00 PM
From: David L.	Read Replies (2) \| Respond to of 176387

CNBC is saying that intels earnings are actually better then expected.

To: Patrick E.McDaniel who wrote (51319)	7/14/1998 7:41:00 PM
From: Mohan Marette	Respond to of 176387

Mariaaaaaaaa Oh Maria- Reagarding Intel. Hi Pat: Just listened to Intel's CFO Andy Bryant on Maria's program on CNBC and according to him the result is not as bad as people thinks,au contraire the result is just as Intel predicted earlier in Q1. Some highlights I picked up. 1) Results as expected and predicted by Intel. 2) Successful in cost reduction efforts in manufacturing 3) Sales in Asia was not down but flat is all. 4) Sales in the Americas and Japan actually slightly higher. 5) Gross profit margin 49% as expected. 6) Looking behind or beyond the numbers. Write down of 4-5 cents which is not charged against the revenue due to accounting rules. If you add this back to the reported .66/share earnings the actual number will be ahead of estimates. What lies ahead for the second half. 1) Sales expected to be flat or slightly higher in Q2 2) Gross margin to be higher by couple of percentage points in the the second half making the margin in the 50-51% which is the norm for intel. 3) R&D to be increased. 4) Intel's ability to offer a more products in the second half from the lower end Celeron to the higher end Xeon and other products from the DEC acquisition-Alpha chips I suppose. Overall Intel's earnings was not too bad at all according to pundits on the Street. So tomorrow it will be a battle between the Bulls and Bears and I am hoping the Bulls will win out by the end of the day and hope CPQ comes out with a few pennies of earnings beating the analysts expectations,then we will be in good shape as I am not at all worried about MSFT they should do good as always. Well that is all I could retain. You know what they say memory is the first thing to go.<gg>