SI
SI
discoversearch

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


To: Shoibal Datta who wrote (78910)4/13/1999 7:06:00 PM
From: Imuah  Respond to of 186894
 
Shoibal, the 60 1/2 trade sandwiched in between a 58 5/8 and a 58 3/4 is an out of sequence trade.

The "Z" after the trade is defined as follows:

"Sold. This is a late, out of sequence, report of a regular sale."

The "T" after the trade is defined as follows:

"NASDAQ: Form ‘T' trade. This is a trade which occurred after the NASD system close."

A form T trade is an "in sequence" trade that occurred after the market closed.

The designation "Z" indicates out of sequence. It could have occurred any time during the day, before or after market. Has no impact on the the prevailing valuation of the stock. It's just a late report. That is why after market trades seem sometimes to bounce around.

Face it guys, 3 to 5 million shares traded after market and the price ended up at 57 1/2. What happens in the morning is anybody's guess.



To: Shoibal Datta who wrote (78910)4/13/1999 8:38:00 PM
From: Fred Fahmy  Read Replies (3) | Respond to of 186894
 
Shoibal,

<Bottom line, I don't think the long termers are going to be terribly upset.>

This "long termer" is definitely not upset at all. To the contrary, once again, Intel has generated outstanding results and done so in a tough global market environment. Exceptional margins, cash pouring in profusely, record revenue and earnings for Q1. Margins are at the top end of historical ranges despite a competitive landscape at the low end. Contrast this with AMD who is about to announce their biggest quarterly loss in at least 5 years (I don't have data further back??).

Year to year earnings were up 39% (57% if you exclude last year's one time charge). Revenue growth was solid at 18%. Current guidance suggests that Q2 revenue growth will be similar. This is even better growth than Q4 which had revenue growing 17% and earnings growing 20%.

More important than the numbers themselves is the LONG term trend. Intel continues to execute....to near perfection. When they do stumble (i.e. original Celeron), they have the talent and resources to recover quickly. They continue to dominate an industry which is tied to the growth of the internet and the overall global technology revolution. They continue to push up the ladder and penetrate into the higher end. Intel is positioning themselves to become as dominant on the high end as they have been for so many years on the desktop. At the same time they will continue to get more than their fair share of the low end market while continuing to grow their communications/networking business. They will also continue to excel in the mobile arena were margins and growth rates are higher.

Yup, it's truly amazing to see the negative spin being put on this report. The long term investors will just be chuckling under their breadth.

I would like to congratulate all Intel employees for another excellent performance.

FF