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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST
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To: Tony Viola who wrote (98419)2/7/2000 3:43:00 PM
From: Michael Bakunin  Read Replies (1) of 186894
 
For the moment, substantially all Intel's profits come from IABG. Cf the segment data from the earnings report: 
                       Q4 '99 Q3 '99 YTD 1999 Q4 '98 YTD 1998
IABG Revenues          6,955  6,331  25,274   6,965  23,853
IABG Operating Profit  3,318  2,789  11,356   3,318  9,413

All Other:
                       Q4 '99 Q3 '99 YTD 1999 Q4 '98 YTD 1998
All Other Revenues     1,257  997    4,115    649    2,420
AO Operating Loss      (564)  (733)  (1,589)  (482)  (1,034)
So, I won't worry about communications until it starts looking like Intel can make money in that business. If there is a PC growth crest -- big if -- I doubt servers cushion the blow. And I appreciate your concern for my portfolio. Thanks, loads. -mb
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