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Short Take: Intel estimates boosted

Hambrecht & Quist said its analyst Robert Chaplinsky raised his earnings estimates for Intel, according to a Reuters report. Chaplinsky cited excellent manufacturing performance, higher microprocessor volumes, and excellent gross margins. The analyst raised his fourth-quarter earnings estimate to $1.86 a share on revenues of about $6.04 billion from $1.74 a share on revenues of $5.85 billion. His 1996 year estimate rose to $5.53 per share on revenues of $20.4 billion from $5.41 on revenues of $20.26 billion. He raised his full-year 1997 estimate to $7.81 a share on revenues of $25.1 billion from $7.14 a share on revenues of $24.7 billion.

Hambrecht & Quist said its analyst Robert Chaplinsky raised his earnings estimates for Intel, according to a Reuters report. Chaplinsky cited excellent manufacturing performance, higher microprocessor volumes, and excellent gross margins. The analyst raised his fourth-quarter earnings estimate to $1.86 a share on revenues of about $6.04 billion from $1.74 a share on revenues of $5.85 billion. His 1996 year estimate rose to $5.53 per share on revenues of $20.4 billion from $5.41 on revenues of $20.26 billion. He raised his full-year 1997 estimate to $7.81 a share on revenues of $25.1 billion from $7.14 a share on revenues of $24.7 billion.