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To: Louis V. Lambrecht who wrote (5825)	9/21/2000 4:34:17 PM
From: Jennifer O	Read Replies (1) of 100058

LVL: Agree, hoping AMD picks up the slack. Intel issues sales warning --4:24 pm - By Alec Davis SANTA CLARA, Calif. (CBS.MW) -- Intel said Thursday its third-quarter sales would fall short of the company's previous expectations, citing weaker demand in Europe. The chip giant now says it expects revenue for the period to rise 3 to 5 percent from the $8.5 billion it generated in the second quarter. Intel (INTC: news, msgs) also said in its report after the closing bell that its gross margin will be 62 percent, plus or minus a point, instead of its previous estimate of 63 to 64 percent.

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