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Technology Stocks : All About Sun Microsystems

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To: Rink who wrote (63757)	3/3/2006 12:03:20 PM
From: sixty2nds	of 64865

09:00 INTC Intel reduces Q1 revenue guidance on weaker than expected demand, slight market share loss (20.49 ) Co issues downside guidance for Q1 (Mar), sees revs of $8.7-9.1 bln, down from previous guidance of $9.1-9.7 bln vs. $9.39 bln Reuters Estimates consensus. Co says guidance is "primarily due to weaker than expected demand and a slight market segment share loss. The company expects the first-quarter gross margin percentage to be adversely impacted by the change in revenue. Expenses (R&D plus MG&A) are expected to be lower than previously forecast due to lower revenue- and profit-related spending".

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