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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

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To: Return to Sender who wrote (13736)	3/4/2004 4:47:26 PM
From: Donald Wennerstrom	Read Replies (1) of 95383

Very straight forward and to the point. No "up" surprises for the market unfortunately. For the record, From Briefing.com <<16:18 ET Intel narrows revenue range below consensus, narrows gross margin range (INTC) 29.65 +0.61: -- Update -- Co narrows its Q1 rev guidance to $8.0-$8.2 bln, vs its previous range of $7.9-$8.5 bln and consensus of $8.27 bln. The gross margin percentage is expected to be 60%, plus or minus a point, vs previous expectation of 60%, plus or minus a couple of points. "Demand for the company's Intel Architecture products is consistent with the lower end of normal seasonal patterns and significantly higher than in the same period last year. Demand for Intel's communications products is in line with the company's expectations at the beginning of the quarter. All other expectations are unchanged.">>

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