All About Sun Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Charles Tutt who wrote (35668)	9/21/2000 7:17:44 PM
From: Lynn	Read Replies (2) of 64865

+Intel Falls $11 To $50.13 After 3Q Rev Warnings >INTC 09/21 17:25 (DJ) Story 5417 =DJ Intel Falls -2: Stock Has Fallen 18.5% >INTC NEW YORK (Dow Jones)--Shares of Intel Corp. (INTC) fell 18.5%, or $11.35, to $50.13 after the company issued a third quarter revenue warning after Thursday's closing bell. The semiconductor bellwether said it sees third quarter revenue about 3% to 5% above $8.3 billion posted in the second quarter. Expenses will come in 7% to 9% above $2.2 billion in the second quarter. Intel also said it expects gross margins to be about 62%, compared with the 63% to 64% the company anticipated earlier. The company blamed the expenses on higher spending on marketing plans and research and development initiatives in new business areas. Source: ML's web site Lynn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next