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To: Tweaker who wrote (51744)7/16/1998 7:23:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
Once an 'idiot' always an 'idiot' & Outlook for Friday.

Hi Tweaker check this out if you 'wanna'.

Solid earnings from top firms bode well for tech shares Friday

cbs.marketwatch.com

Would somebody take this guy out to the woodshed please?[an imaginary
conversation with Kurlack the 'most respected' [wonder by whom] Techonology analyst on the Street.

Kurlak dampens enthusiasm [or Once an 'idiot' always an 'idiot'-How to guide on how to be an 'idiot' without even trying]]- 'Ekuse' me did I mention this guy seems to be an idiot.<VBG>

Shares of Intel (INTC) were unchanged at 84 1/4 as Merrill Lynch analyst Thomas Kurlak dampened enthusiasm about the leading chip company's second-quarter earnings report. "We see little compelling reason to expect much change in Intel's revenues or earnings, given the likely continuation of low-end PC growth relative to the high end," Kurlak said in a research report. "We believe this would continue to apply downward pressure on the company's average prices."

Mohan: Excuse me Einstein no cake for you since Intel has already told us so yesterday,ie Q2 will be flat to slightly up with gross margin to be up by couple of percentage points to some 50-51% level from 49% in Q1. Also the effect of cost reduction to be kicked in for
the second half of the year.

Kurlak said he expects Intel shares to trade sideways and possibly, decline in the near term.

Mohan: I thought you told us Intel was going to $50.00 couple of three weeks ago,What happened your 'mojo' aint what it used to be?<VBG>


Disclaimer: I am just talking to myself with no intention to offend anyone and they are meant to be in jest and not to be taken seriously.