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Technology Stocks : Intel Corporation (INTC)
INTC 37.82-4.3%3:59 PM EST
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To: L. Adam Latham who wrote (163914)4/16/2002 4:22:50 PM
From: Tony Viola  Read Replies (2) of 186894
 
Upping gross revenue predictions for Q2 and the whole year. 2 points for the whole year.

Revenue in the second quarter is expected to be between $6.4 billion and $7.0 billion.
Gross margin percentage in the second quarter is expected to be 53 percent, plus or minus a couple of points, versus 51.3 percent in the first quarter. Intel's gross margin percentage varies primarily with revenue levels, product mix, product pricing, changes in unit costs, capacity utilization, and the timing of factory ramps and associated costs.
Gross margin percentage for 2002 is expected to be 53 percent, plus or minus a few points, higher than the previous expectation of 51 percent, plus or minus a few points. The expectation includes the impact of the Intergraph agreement.
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