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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject11/2/2000 7:53:00 AM
From: jchaulk   of 37746
 
1. Intel Corp. {INTC}

The world's No. 1 chip maker is financially "solid" and comfortable with where it is, said chief financial officer Andy Bryant. "It's a strange year as it unfolds quarter by quarter, but in total it's OK," Bryant said at the company's fall financial analyst meeting. If Intel meets its forecasted 4% to 8% revenue growth rate for the fourth quarter, the chip giant, said Bryant, will have a 2000 revenue growth rate that exceeds the prior three years. CEO Craig Barrett also said he is "very bullish" on Intel's core businesses. He set internal goals for the company of 10% growth per year for Intel's architecture business, 50% growth per year for the networking and communications business and an overall growth in the high-teens. Currently 20% of Intel's business comes from networking and communications. In the communications space, Barrett said the company will aim to be No. 1 in the next year or two.


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