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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Road Walker who wrote (63882)	9/3/1998 10:15:00 PM
From: Fred Fahmy	Read Replies (2) of 186894

John, <Intel years ago said their primary concern was gross margin dollars, NOT gross margin percentage. I believe that is still their financial policy.> Yup....and this goal is re-stated each year in their annual report. 1997 annual report "Intel's primary goal is to get its advanced technology to the marketplace, and the Company sometimes implements strategies that increase dollar margins but lower margin percentages. These strategies include the SEC cartridge, as discussed above, and the Company's plans to grow in non-microprocessor areas that have the potential to expand computing and telecommunications capabilities, an example of which is the acquisition of Chips and Technologies, Inc." 1996 annual report "The Company's goal continues to be to grow gross margin dollars." FF

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