Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Elmer who wrote (113508)	10/14/2000 4:35:32 AM
From: Dan3	Read Replies (2) of 186894

Re: I keep a close eye on the news and I've never seen this. Where are you getting this from? Intel warned in September that revenues would be below expectations, citing lower than expected sales in Europe as the main cause. ebnews.com Intel Corp., the world's No. 1 supplier of microprocessors, has lowered its third-quarter revenue estimates, saying sales in unspecified segments of its European operations were weaker than expected. Certainly some parts weren't being sold, the question was how many? Speculation at the time was 2 to 3 million - the market was too good for it to be more than 3 million and much less than 2 million would have been close enough to normal inventory fluctuations to not result in a warning. I can't find a link right now to where I read that. Do you think the revenue warning was due to Intel being sold out? Dan

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