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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Paul Engel who wrote (106159)7/25/2000 8:54:32 PM
From: Tony Viola  Read Replies (1) of 186894
 
Paul, >Intel Investors - GREAT NEWS from COMPAQ

!!!"Industry standard server revenue grew by 40 percent, further extending our leadership in building out the Internet infrastructure, while our commercial PC business returned to profitability a quarter ahead of plan.""


That is fantastic news for Compaq and Intel! Those Intel based servers are indeed looking like the hottest selling IT product there is right now. IBM reports very good growth in their Netfinity line every quarter, HP's NetServers look to be their hottest product, and I'll bet Dell comes in in early August with good results for their PowerEdge line also.

It'll take some time, but maybe Intel's server products will get up there with the desktop, maybe not in revenues, but in profits.

Tony
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