Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.83

-4.3%

Dec 12 3:59 PM EST

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To: GVTucker who wrote (161436)	3/7/2002 4:58:26 PM
From: herb will	of 186894

GV “I guess the fact that the stock is trading down $0.75 - $1.00 is just a figment of my imagination.” Intel said originally that the projected sales would be 6.4B to 7.0. Now they have refined the projection from 6.6B to 6.9B and since the projection is mid quarter apparently this is the projection for the last 1 and ½ months of the quarter. The new projection is pointing toward the high side of the original projection indicating that revenues for the first quarter are doing well. In addition Intel said today “The gross margin percentage is expected to be within the previous expectation and above the midpoint of the range.” The guidance was “Gross margin percentage in the first quarter is expected to be 50 percent, plus or minus a couple of points.” That isn’t too bad either. You dove in the cold on this pretty quick this afternoon, almost sounds like someone who has some money riding on the short side? Herb

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