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Strategies & Market Trends : The Options Box

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Feb 4 4:00 PM EST

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To: Poet who wrote (5297)	9/21/2000 4:28:30 PM
From: SecularBull	Read Replies (2) of 10876

Intel issues sales warning Thursday, September 21, 2000 --4:24 pm - By Alec Davis SANTA CLARA, Calif. (CBS.MW) -- Intel said Thursday its third-quarter sales would fall short of the company's previous expectations, citing weaker demand in Europe. The chip giant now says it expects revenue for the period to rise 3 to 5 percent from the $8.5 billion it generated in the second quarter. Intel (INTC: news, msgs) also said in its report after the closing bell that its gross margin will be 62 percent, plus or minus a point, instead of its previous estimate of 63 to 64 percent

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