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

To: Paul Engel who wrote (64880)	9/16/1998 2:35:00 PM
From: nnillionaire	Respond to of 186894

From this afternoon MarketWatch report: 3COM JUMPS ON INTEL BUYOUT TALK SANTA CLARA, Calif. (CBS.MW) -- 3Com stock rode 10 percent higher Tuesday on recurring talk that it may be snapped up by Intel Corp. cbs.marketwatch.com Good Investing

To: Paul Engel who wrote (64880)	9/16/1998 7:48:00 PM
From: Jules B. Garfunkel	Read Replies (1) \| Respond to of 186894

Paul, Mary, Martin and All, I'm looking at Tom Kurlak's report of August 21, 1998 right now. Some observations; ---His estimate for Q3 earnings was for $.69, and $2.78 for the year 1998. ---As stated by others, Kurlak downgraded his recommendation for INTC on Aug. 21, to "long term neutral" from "long term accumulate". This was reported by Maria on CNBC and others. Last week when Intel pre-announced 8 - 10% higher than previously expected revenues, Tom reiterated his neutral rating. This was also widely reported. However, what wasn't widely reported, was that at the same time he raised his earnings estimate to $.80 for Q3. This was an increase of 16% from his previous estimate the week earlier and was despite Intel only forecasting a 10 % increase in revenues. ---Nor was it reported that Kurlak had obviously raised his estimate on Intel's Q4, at that same time, by an additional $.11. ---Nor was it reported that Tom had increased his earnings estimate for INTC, in 1999, by $.12 to $.22 to $3.00 from $2.78. Now I would like to know how Kurlak's rating dropped at almost the same time that his earning estimates for the next six quarters increased? Oh yes, it must be options expiration day this Friday Regards, Jules PS, Mary, I wrote a rather long post in reply to your post to me the other day, but lost it when I went to send it. I was just too tired to write it again. In short, know that I agree with you and your analysis of Clinton. And with you too Barry. Regards, Jules