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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%3:59 PM EST

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To: kapkan4u who wrote (170936)9/10/2002 11:06:50 PM
From: L. Adam Latham  Read Replies (1) of 186894
 
kap:

Here we go $6.4B in Q3 and $12 by the end of October.

Here's another tidbit about Taiwan. IMO, Intel probably knew about the order delay when they spoke last week and took that into account when updating their mid-quarter guidance. $6.4B would still be well within their guidance - I wouldn't want to see Intel lower revenue estimates again below $6.3B, however.

Intel, HP delays order take up for Taiwan contract-manufacturers - report

TAIPEI, Sep 10, 2002 (AFX-Europe via COMTEX) -- Intel Corp has decided to take delivery of motherboards assigned to Taiwan contract-manufacturers including Hon Hai Precision Industry Co Ltd (2317.TW) and Mitac International Corp (2315.TW) in the fourth quarter, a delay from August previously scheduled, amid a still lacklustre market, the Economic Daily News reported, citing industry sources.

The sources said that Hewlett-Packard Co has yet to place desktop PC orders with local suppliers even though the Christmas high season is drawing near, the newspaper reported.

philip.wang@afxnews.com

Adam
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