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


To: MONACO who wrote (72731)2/2/1999 8:10:00 PM
From: VICTORIA GATE, MD  Read Replies (1) | Respond to of 186894
 
MONACO

re<Anybody feel that the effective date of the Intel split(April 12) and it's proximity to date of earnings release, show a HUGE confidence by Intel for very good Q1 numbers or just a coincidence???...>

Casey said Intel has rebounded from its lows
in the mid-1998, when many semiconductor
companies were hitting their bottom, and
Intel had a record-setting fourth quarter for
both revenue and earnings.

For the first quarter, "Demand for PCs
continues to be very strong, so we're on
track," he said.

"We were expecting a strong quarter, and
we're seeing a strong quarter."

vg