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


To: gnuman who wrote (65403)9/24/1998 3:29:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Gene, Re: "Here's a typo:
He reiterated Intel's statement two weeks earlier that third quarter earnings would
rise eight to 10 percent..."

Freudian slip? I caught one of those listening to Intel's conference call after the second quarter. Tom Kurlak, yes, himself, asked a question of Intel's Andy Bryant, Corporate VP and CFO about units to be shipped in the upcoming, third quarter. I pasted the interchange from my post back on July 15th:

-snip-
1. In his question, Kurlak made a comment that 2Q was down for
units shipped and asked what unit growth for 3Q looked like.
Bryant answered that he couldn't answer that directly, but could
say confidently that revenues would be up, er, ah, I mean flat to
slightly up in 3Q. Freudian slip?
-snip-

COULD IT HAVE HAPPENED AGAIN? Whatever, I don't think there is any way a company would interrupt the business world to make a statement about significantly higher revenues if there were bad news WRT earnings lurking in the bushes. Still, you're rather cocksure, Gene. If I were a betting man...

Tony