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To: Fred Fahmy who wrote (62200)8/9/1998 8:12:00 PM
From: gnuman  Read Replies (1) | Respond to of 186894
 
Fred, re:<1997 was an exceptional year by any standard. In some ways Intel is now being penalized for that great year.>
I don't see 1997 as an exceptional year, it fit's the history curve nicely. Take a look at Intel's own revenue chart from the 1997 Annual report. Imagine this same chart on next years report. (It look's like revenues may be down slightly in 1998).
intel.com
And here's the earnings curve, imagine 1998 with $3-3.10 earnings.
intel.com