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Politics : Formerly About Advanced Micro Devices

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To: steve harris who wrote (116734)	6/20/2000 5:16:00 PM
From: tejek	Read Replies (4) of 1573848

Tuesday June 20, 4:16 pm Eastern Time Company Press Release Q2 Interest and Other Income Expected to be Approximately $2.3 Billion Charge be Taken in Q2 for Estimated MTH Motherboard Replacement Costs to be Approximately $200 Million SANTA CLARA, Calif.--(BUSINESS WIRE)--June 20, 2000--Intel announced today that it expects interest and other income for the second quarter to be approximately $2.3 billion, up from previous guidance of $725 million, primarily due to higher than expected realized gains on the sale of equity investments. This revised estimate depends on equity market levels and volatility, the realization of expected gains on investments, including gains on investments acquired by third parties, and assuming no unanticipated items. Lordie, who would have thought! I guess Intel will be making its report this quarter. But I'm confused....which sector is Intel in....chips or venture capital? If its still chips, will it switch to venture capital when more revenue comes from stock trading than the sale of chips? I wonder if Engel would know? ted

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