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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (86760)	8/11/1999 6:11:00 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

<Then again, Intel threw away a bunch of money in Q4-98/Q1-99 when they reacted to the K6-2 while AMD simultaneously had serious production problems with the CXT core.> Uh, not even Intel knew that AMD would be tripping over their own shoelaces, first with the CXT core, then with the "produce 'em but can't sell 'em" fiasco. Remember how margins for the first half of this year were slightly higher than Intel originally thought? I think it's in Intel's nature to assume the worst-case scenario when it comes to competition like AMD and Athlon. <September is probably right for any volume of Athlon boxes but they are here and they are real> Given AMD's past track record, I think the September availability of Athlon systems is pretty good. The next hurdle, like I said before, is reaching the one million mark in Q4. Then the final hurdle is the Dresden fab ramp-up. Once that final hurdle has been cleared, AMD will have carved out their fair share of the pie. Not surprisingly, a few people on the AMD thread are talking like they've already won. Wall Street, however, recognizes that AMD has two more hurdles to go in this "tri-Athlon." Tenchusatsu

To: Jim McMannis who wrote (86760)	8/11/1999 10:36:00 PM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

Jimbo, Re: "Unless Intel over cuts prices, running scared of losing market share, Athlon won't hurt Intel too much in Q3. Then again, Intel threw away a bunch of money in Q4-98/Q1-99 when they reacted to the K6-2" This bunch of money that Intel threw away you are talking about doesn't jibe with these results - A record quarter followed by one only slightly less profitable. Setting records - can't do much better than that. Oh, I almost forgot, how did AMD do during those terrible 6 months when Intel was running scared? intel.com Jan.12, 1999 - Intel Corporation set new quarterly records for revenue, net income, earnings per share and microprocessor unit shipments, the company said today. Record fourth quarter revenue of $7.6 billion was up 17 percent from fourth quarter 1997 revenue of $6.5 billion. Fourth quarter revenue was up 13 percent from third quarter 1998 revenue of $6.7 billion. Record fourth quarter net income of $2.1 billion was up 18 percent from fourth quarter 1997 net income of $1.7 billion. Net income in the fourth quarter was up 32 percent from third quarter 1998 net income of $1.6 billion. Record fourth quarter earnings per share of $1.19 increased 21 percent from $0.98 in the fourth quarter of 1997 and rose 34 percent from $0.89 in the third quarter of 1998. intel.com April 13, 1999 - Intel Corporation announced first quarter revenue of $7.1 billion and earnings of $2.0 billion Do yourself a favor, let the force be with you. Barry