If @myInt is zero it means no rows in the table: it would be NULL if never set at all.
COUNT will always return a row, even for no rows in a table.
Edit, Apr 2012: the rules for this are described in my answer here:Does COUNT(*) always return a result?
Your count/assign is correct but could be either way:
select @myInt = COUNT(*) from myTable
set @myInt = (select COUNT(*) from myTable)
However, if you are just looking for the existence of rows, (NOT) EXISTS is more efficient:
IF NOT EXISTS (SELECT * FROM myTable)