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Politics : Formerly About Advanced Micro Devices
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To: Cirruslvr who wrote (106611)4/18/2000 4:44:00 PM
From: Cirruslvr  Read Replies (1) of 1574487
 
Intel's interest and other income (includes stock sales) was $640M. From Q4 earnings release -

"** The company expects interest and other income for the first quarter of 2000 to be approximately $500 million"

Notice the big difference? That equals 2.7 cents per share after taxes are taken out. They beat estimates by only doing this. W/O the extra sales they would have barley met or missed. ALso, IABG (their group that includes processors) revenues were down $346M. These earnigns were so-so at the best.

intel.com
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