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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (20433)	4/13/1999 4:42:00 PM
From: Sir Francis Drake	Read Replies (2) \| Respond to of 74651

Well, if history were to repeat itself - which it usually doesn't, then we could look at last year. MSFT declined to 88 5/8 on April 13 98, and slipped to 88 7/16 on April 14, then started climbing on April 15, hitting 98 7/8 on April 22. Thereafter it sold off, and reached a low of 83 1/4 on May 7. It then was basically range bound until it finally overtook the high of April 22 on June 23, when it hit 100 3/4. As we all remember, INTC was not in such hot shape back then. Today, they did better by 2 cents, but I don't like the sound of "flat or declining" they felt obliged to announce.

To: Jill who wrote (20433)	4/13/1999 4:54:00 PM
From: taxman	Read Replies (2) \| Respond to of 74651

seem like ok report to me assuming guidance is conservative. regards Intel Corp. (INTC) 60 1/2 -3/4: company says that Q2 revenues will "flat to slightly down" from Q1. This is the normal seasonal pattern for Intel -- sequential revenues in the last four years have been down an average of 2.8% in Q2. Using Intel's guidance for revenues, margins, etc, Q2 EPS should be roughly $0.54 by our tally, which is about a penny shy of current estimates. In short, Intel's Q2 guidance doesn't offer any big surprises