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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (41212)	6/6/2002 4:20:59 PM
From: Paul Shread	Read Replies (2) of 209892

INTC just dropped after guidng lower. 16:18 ET Intel guides down Q2 outlook (INTC) 27.00 -1.18: -- Update -- Sees Q2 revs $6.2-$6.5 bln vs the current consensus estimate of $6.7 bln; blames softer than expected demand in Europe; Q2 gross margin percentage is expected to be approximately 49%, plus or minus a couple of points, compared to the previous range of 53%, plus or minus a couple of points, primarily due to the lower than expected revenue and product mix.

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