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

To: Mary Cluney who wrote (64462)	9/11/1998 11:58:00 AM
From: Tony Viola	Respond to of 186894

Mary, >>>"GVTucker, >>>And the fact remains that Intel is still going to report declining net income for the quarter. <<< How did you arrive at this? Mary, I think he means declining vis a vis the third quarter of 1997. Earnings in 3Q97 were $0.88/share, I believe. 0.88 is probably a stretch for 3Q98, even given the 8 - 10% better than expected (or better than 2Q98) revenues, and nicer, ~51% or so GMs, etc. update we got yesterday. OTOH, the last two weeks in a month or quarter can be huge, Intel is always conservative, and the news does seem to be getting better by the day re PC demand and Intel's new products' acceptance (in spite of what Kurlak says). And don't be such a stranger! Tony