Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 208.28

+2.5%

11:59 AM EST

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To: Mani1 who started this subject	12/7/2000 5:33:02 PM
From: Alighieri	Read Replies (1) of 275872

Intel Warns Revenues Below Expectations NEW YORK (Reuters) - Leading semiconductor maker Intel Corp. on Thursday said its fourth-quarter revenue would be lower than expected because of the slowing demand for personal computers, becoming the latest technology heavyweight to warn of lower results in a softening economy. ``As a result of recent large cancellations by customers worldwide, the company now expects revenue for the fourth quarter to be flat, plus or minus a couple of percentage points, with third quarter revenue of $8.7 billion,'' the Santa Clara, Calif. company said in a statement issued after the close of market. That is lower than the previous expectation that fourth quarter revenue would be up 4 to 8 percent from third quarter revenue, it said.

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