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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: GVTucker who wrote (182614)	11/9/2005 5:29:12 PM
From: Lizzie Tudor	Read Replies (1) of 186894

What was so shocking at XOM's last report? here's what was really shocking about it, to me. Revenue rose 32 percent to more than $100 billion. A 32% revenue rise from the 70 billion range to 100 billion in revenues. First of all, the law of large numbers usually curtails revenue increases of 30 billion in 3 mos, over one year. Secondly, oil and gas is not exactly an emerging industry where the world is just converting to home heating and horseless carriages- this is a mature industry so growth like this smells like gauging. Now I know , some will say china is in that "turn of the century" growth mode and therefore, oil and gas IS a growth industry. But, not really- if you look at the path of unit growth for the worlds oil consumption it is way below the profit growth, even WITH china.

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