Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.83

-4.2%

Dec 12 3:59 PM EST

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To: Paul Engel who wrote (113984)	10/17/2000 4:29:53 PM
From: ColtonGang	Read Replies (2) of 186894

These numbers are pretty good.......Financial Review Average selling prices of microprocessors in the third quarter were approximately flat with the second quarter. Gross margin percentage in the third quarter was 64 percent, higher than revised expectations of 62 percent plus or minus a point, primarily due to lower than expected material costs and timing of start-up costs for 0.18-micron fabs. Expenses (R&D, excluding in-process R&D, plus MG&A) in the third quarter were up 5 percent from the second quarter, lower than previous expectations of up 7 to 9 percent because of lower merchandising expenses and tighter control in discretionary spending areas. Gains on investments and interest and other were $966 million in the third quarter, higher than revised expectations of $900 million, due to higher than expected realized gains on equity investments. ** The effective tax rate was approximately 31.8 percent in the third quarter, excluding the impact of acquisition-related costs.

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