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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Patrick E.McDaniel who wrote (108707)	3/9/1999 10:42:00 PM
From: Bandit19	Respond to of 176387

Pat, RE: Kemble and his mega share amount. I know. I heard a rumor from RR that even Michael is getting jealous. Drew and I have given up competing....I talked to Kemble last night you wouldn't believe what he up too....Omygosh!! Steve

To: Patrick E.McDaniel who wrote (108707)	3/9/1999 10:49:00 PM
From: Grant	Read Replies (1) \| Respond to of 176387

Intel's business outlook for Q1 99, released with their Q4 report. Sort of a warning or at least guidance. Wouldn't this be priced into the tech stocks ? The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not reflect the potential impact of any mergers or acquisitions that may be completed after the date of this release. The company expects revenue for the first quarter of 1999 to be down from fourth quarter revenue of $7.6 billion due to seasonal factors. Gross margin percentage in the first quarter of 1999 is expected to be down slightly from 58 percent in the fourth quarter. Intel's gross margin expectation for 1999 is 57 percent, plus or minus a few points, compared to 54 percent for all of 1998. In the short term, Intel's gross margin percentage varies primarily with revenue levels and product mix. Expenses (R&D plus MG&A) in the first quarter of 1999 are expected to be approximately 2 to 4 percent lower than fourth quarter expenses of $1.6 billion. Expenses are dependent in part on the level of revenue. R&D spending is expected to be approximately $3.0 billion for 1999, up from $2.7 billion in 1998. The company expects interest and other income for the first quarter of 1999 to be approximately $200 million, assuming no significant changes in expected interest rates or cash balances, and no unanticipated items. The tax rate for 1999 is expected to be 33.5 percent. Capital spending for 1999 is expected to be approximately $3.0 billion, down from $4.0 billion in 1998, which included approximately $475 million of capital assets acquired from Digital Equipment Corporation. The lower capital spending for 1999 is primarily a result of reduced investment for new facilities and improved utilization of manufacturing equipment. Depreciation and amortization is expected to be approximately $3.4 billion for 1999, up from $2.8 billion in 1998. Depreciation and amortization for the first quarter of 1999 is expected to be approximately $820 million.