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


To: philipah who wrote (71288)1/12/1999 10:30:00 PM
From: Fred Fahmy  Read Replies (4) | Respond to of 186894
 
philipah,

Re: the notion that only $1.05 counts

Here's my response to the moron at Forbes who tries to discount a standard line off of the income statement an then questions whether or not the earnings were really that good.

What a idiotic statement. Do you think you discovered something that the analysts were unaware of or didn't have built into their EPS estimates?? Don't you know how to read an income statement? Intel has approximately $200 million in INTEREST and OTHER INCOME every quarter. Forbes and Mailk are an embarrassment to the industry. .

FF



To: philipah who wrote (71288)1/12/1999 10:57:00 PM
From: Diamond Jim  Read Replies (2) | Respond to of 186894
 
Philipah,

that story was not overly kind.

"While Wall Street might rejoice, we at Forbes Digital Tool would like to sound a cautionary note. According to the press statement issued by the company, the income under the "Interest and other" category (stock sales and interest-related income) came in at $244 million or roughly 14 cents a share. Reduce this number and you are looking at earnings of $1.05 a share.

So, is everything really all that sanguine in the Intel universe?"