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Technology Stocks : Intel Corporation (INTC)

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To: Raymond Thomas who started this subject	12/6/2001 4:19:12 PM
From: andreas_wonisch	Read Replies (1) of 186894

Intel Updates Fourth-quarter Business Expectations biz.yahoo.com SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 6, 2001--Intel Corporation today provided a planned update to the company's Business Outlook for the fourth quarter, which ends Dec. 29. Intel expects revenue for the fourth quarter to be between $6.7 billion and $6.9 billion, as compared to the previous range of $6.2 billion to $6.8 billion. Demand for Intel microprocessors has been better than expected, trending in line with normal seasonal patterns. Intel's communications businesses have been tracking to the company's overall expectations at the beginning of the quarter. The gross margin percentage is expected to be within the previous expectation and above the midpoint of the range. All other expectations are unchanged. Intel's fourth-quarter Business Outlook was originally published in the company's third-quarter earnings release, available at www.intc.com/intel/finance/earnings.htm. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. Andreas

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