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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%Nov 13 3:59 PM EST

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To: Cirruslvr who wrote (94229)12/17/1999 11:22:00 PM
From: Tony Viola  Read Replies (1) of 186894
 
Cirrus, whoa, Intel really did impact Gateway's quarter:

Gateway acknowledged having trouble with its component supply, but said
earnings should be unscathed, according to a company spokesman.

Fortuna this week lowered his fourth-quarter sales estimate by $117 billion
to $2.65 billion, blaming Intel's issues with processor availability for
Gateway's holiday problems.


$117 billion shortfall! That's bigger than GE's yearly revenue. Gateway did say earnings "should be unscathed". Still, I guess they'll be sidling up with AMD now, huh?

As for this one:

and only a handful
of companies will be launching systems using the 800 megahertz version."


If the handful were Dell, Compaq, HP and Gateway, e.g., I certainly see nothing wrong with that.

By the way, did you ever see my "Intel makes the market for all x86 makers, including AMD" post? Come to think of it, they do that for the PC makers as well. I'd be glad to roll it back out, or PM it to you.

Tony
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