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Technology Stocks : Intel Corporation (INTC)
INTC 36.85+1.6%3:59 PM EST

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To: smooth2o who wrote (180518)3/29/2005 5:38:45 PM
From: Amy J  Read Replies (1) of 186894
 
Smooth, The bottom line is stumbling impacts the stock:

Intel missed the cut in 2005, dropping from No. 37 in '04 to No. 55 this year, as it struggled with factory snafus and execution missteps. Those woes were reflected in Intel stock returns, down by 17.2% for the 12 months ended Feb. 28. But its execs have been taking action, reorganizing divisions, and rolling out new chips. Profits rose 33% last year, to $7.5 billion, on 13% higher sales, of $34.2 billion. And first-quarter results should show further improvement.

By Brian Hindo in New York
Edited by Patricia O'Connell
yahoo.businessweek.com

Am glad they have finally cleaned things up.

Regards,
Amy J
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