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Technology Stocks : Intel Corporation (INTC)

INTC 39.13

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10:35 AM EST

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To: tejek who wrote (110543)	9/21/2000 4:37:33 PM
From: tejek	of 186894

9/21/2000 4:24:00 PM Intel issues sales warning 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, chart) 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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