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Politics : Formerly About Applied Materials
AMAT 233.63+2.8%Nov 6 3:59 PM EST

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To: Gottfried who wrote (35501)6/20/2000 9:58:00 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
Gottfried,

From MW:Intel on Tuesday revised its interest and other income estimates for the second quarter to be approximately $2.3 billion, up from the previously stated $725 million.

For some unknown reason the market punishes companies which report gains from investments, since these are not part of operating income. Logical? I don't think so, but this is how WS works.

BK
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