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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST
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To: Sadim Gnik who wrote (35567)10/14/1997 6:00:00 PM
From: Dwight E. Karlsen   of 186894
 
I got everything up to the Q&A. Actually the start missed something; they were just going over GM, Sales, etc.

So far:

1) PII achieving better than expected yields, which will allow the PII 300 to reach "consumer pricing" levels.

2) Record unit volumes in the Sept Qtr

3) Americas up the most, Europe and Asia Pacific (excl Japan) also up sequentially. Japan down sequentially.

4) Two full points of the Gross margin being down this q was due to pricing of flash memory products, also the costs of the single edge contact "packaging" for Slot 1 connector in the PII chip.

5) Next Qtr guidance: Expect sales and gross margin to be slightly up sequentially. R&D and Advertising expenses will be up sequentially also.

That's all for now.

DK
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