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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Road Walker who wrote (4123)10/14/1996 5:01:00 PM
From: Niteen Bhat   of 186894
 
From Dow Jones news ---- I think I am OK doing cut'n'paste, as long as I credit them right?

Dow Jones News Service -- October 14, 1996

Intel 3Q Net $1.48 A Share Vs $1.05

3rd Quar Sept. 30:
1996 1995
Revenues $5,140,000,000 $4,170,000,000
Net income 1,310,000,000 a 931,000,000
Shr earns
Net income 1.48 a 1.05

a. After a gain of 3 cents a share on the sale of stock in another company.

9 Months Sept. 30:
1996 1995
Revenues $14,407,000,000 $11,622,000,000
Net income 3,247,000,000 a 2,699,000,000
Shr earns
Net income 3.67 a 3.06

a. After a gain of 3 cents a share on the sale of stock in another company.

Intel Corp. (INTC) said latest quarter earnings rose 41% on a 23% gain in revenue from year-ago levels. The latest quarter marked the first time in history Intel beat $5 billion in quarterly revenue.

The chipmaker said its book-to-bill ratio exceeded 1.0 in the quarter as orders set a new record.

Intel Corp. (INTC) said unit shipments of microprocessors and chipsets set new records during the latest quarter. Flash memory, embedded processors and microcontroller unit volumes fell slightly from second-quarter levels and pricing pressure continued.

A favorable product mix in the latest quarter helped gross margin percentage, while the percentage of motherboards to microprocessors declined from second-quarter levels.

Intel said it continued to receive high levels of orders for immediate delivery - or ''turns orders'' - during the third quarter.
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