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Technology Stocks : Intel Corporation (INTC)
INTC 37.83-4.2%3:59 PM EST

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To: Ali Chen who wrote (151053)12/4/2001 8:02:44 PM
From: wanna_bmw  Read Replies (1) of 186894
 
Ali, Re: "GAAP is good"

Unless I am mistaken, Intel's GAAP earnings last quarter was still >$100 million. In fact, they are one of only three companies in the world that has sustained such earnings over the past 10 years. The other two are GE and Walmart.

I'm guessing that since demand for Intel's products are exceeding their planned supply, that they will exceed their Q4 guidance midpoint of $6.5 billion in revenue, and probably exceed their last quarter's GAAP earnings, outlined above.

No denial here. Just facts.

wbmw
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