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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: IVAN1 who wrote (97159)1/23/2000 8:47:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Ivan - Re: " :"This year we expect to grow revenues in our networking, communication and wireless businesses by 50% or more."
Does anyone know what the base figure is?"

As a bit of a wild guess, I think Intel's existing networking business - that which existed in 1998 - was approximately $1 Billion for 1999.

Intel added Level One, DSP, etc, during 1999 and that "probably" brought the revenues up to $1.3 or $1.4 Billion

So, I presume that Barrett is hoping to see $2.1+ Billion revenue from these combined groups in 2000.

Paul
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