Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 38.44

+0.7%

Nov 10 3:59 PM EST

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To: Yaacov who wrote (26285)	7/18/2000 7:18:47 PM
From: Sonki	Read Replies (1) of 27012

Intel up 3 to 146 ! andy grove on money line. Although company said it expected Q3 revs to be up from $8.3 bln in Q2, it wouldn't give specific guidance... INTC did say it expects Q3 expenses to be up 7%-9% from Q2 expenses of $2.2 bln... When pressed by a fund manager if that increase implied a similar increase in revs, management deferred comment in a lighthearted fashion.. After Q1, INTC said it saw expenses rising 2%-4% in Q2... Coincidentally, Q2 revs were up 4% sequentially.. A 7%-9% increase from Q2 revs would be $8.88 bln-$9.5 bln (from briefing)

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