Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.91

-1.4%

3:59 PM EST

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To: Paul Engel who wrote (111762)	9/29/2000 6:53:15 AM
From: Exciton	of 186894

Intel Delays Christmas; Changes Accounting Period September 29, 2000. In a move that few companies could pull off, Intel today announced that the company has delayed Christmas until January 25, 2001 and is switching from quarterly accounting to a semester basis. According to the company, this will allow it to capture the Christmas season revenue for the delayed Pentium 4 in the next earnings report, and it will also ensure sufficient availability of Rambus memory for PCs using the P4. When asked how this could be done, a company official said that Intel has gained so much experience with delays that it now believes that it can delay the date of our Lord's birth.

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