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Technology Stocks : Intel Corporation (INTC)

INTC 37.91

-1.4%

3:59 PM EST

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To: Paul Engel who wrote (68215)	11/10/1998 3:26:00 PM
From: Paul Engel	Read Replies (3) of 186894

Intel Investors - Here's the Full E-Commerce Press Release from Intel My guess is that this represents a lower cost way of Intel doing business as opposed to an absolute increase in overall business levels. Paul {=========================] Tuesday November 10, 3:02 pm Eastern Time Intel sees $2.5 bln in Q4 e-commerce revs SAN FRANCISCO, Nov 10 (Reuters) - Intel Corp. expects $2.5 billion in revenues from online sales in the fourth quarter, compared with nil a year ago, Paul Otellini, head of the architecture business group for the world's largest computer chipmaker, said on Tuesday. The $2.5 billion would exceed the company's own internal goal of $1 billion, Otellini told Reuters in an interview. Intel executive Sean Maloney will disclose further details of the company's e-commerce strategy on Friday when Intel meets with industry analysts in San Francisco. Intel's online sales include such things as computer chips, chipsets and flash memory chips. Intel stock was up 2-11/16 at 98-11/16 in afternoon trading on Nasdaq. More Quotes and News: Intel Corp (Nasdaq:INTC - news) Related News Categories: US Market News

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