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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.16+2.5%3:59 PM EST

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To: Tony Viola who wrote (23850)6/18/1999 5:15:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Tony. OK. Here it goes per todays WSJ summarized.
Intel Corp. has said that it delayed by 2 months their coppermine chip 0.18 mu. They said it will not affect their earnings because they will speed up a diff. chip. The chip is the 600 MHZ PIII with the 0.25 mu manufact. process.

The article mentioned that CS First Boston downgraded their 99 est. to 2.25 and cut estimates of 2000 earnings to 2.55.

Sonny

P.S. I don't know for sure that this will guarantee their earnings. It's just that this delay will not affect their earnings.
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