First Call Q3 meann estimate was $0.57 a share.
SANTA CLARA, Calif., Oct. 12 (Reuters) -
                  INTEL CORPORATION
                  CONSOLIDATED SUMMARY INCOME STATEMENT DATA
                (In millions, except per share amounts)
                                 Three Months Ended  Nine Months Ended
                                       Sep 25, Sep 26, Sep 25, Sep 26,
                                          1999    1998    1999    1998
          NET REVENUE                   $ 7,328$ 6,731 $21,177 $18,659
          Cost of sales                   3,026  3,176   8,660   8,928
          Research and
           development                      840    617   2,234   1,835
          Marketing, general
           and administrative               952    766   2,767   2,148
          Amortization of
           goodwill and other
           acquisition-related
           intangibles                      121     16     170      40
          Purchased in-process
           research and development         333     --     333     165
          Operating costs and expenses    5,272  4,575  14,164  13,116
          OPERATING INCOME                2,056  2,156   7,013   5,543
          Interest and other                316    170     953     514
          INCOME BEFORE TAXES             2,372  2,326   7,966   6,057
          Income taxes                      914    767   2,760   2,053
          NET INCOME                      1,458  1,559   5,206   4,004
          BASIC EARNINGS PER SHARE         0.44   0.46    1.57    1.20
          DILUTED EARNINGS PER SHARE       0.42   0.44    1.50    1.13
          COMMON SHARES OUTSTANDING       3,325  3,355   3,320   3,339
          COMMON SHARES ASSUMING DILUTION
                                          3,472  3,505   3,465   3,530
            NOTES: Certain prior period amounts have been reclassified
         to conform with the current presentation.
            Net income excluding acquisition-related costs was $1.9
         billion in the third quarter, up 21 percent from the third
         quarter of 1998 and up 7 percent sequentially. Third quarter
         earnings excluding acquisition-related costs were $0.55 per
         share, an increase of 22 percent from $0.45 in the third
         quarter of 1998, and up 6 percent sequentially.
             Acquisition-related costs in the third quarter consisted of
         $333 million in one-time charges for purchased in-process
         research and development and $121 million of amortization of
         goodwill and other acquisition-related intangibles.
            PRO FORMA INFORMATION EXCLUDING ACQUISITION-RELATED COSTS
                                  Three Months Ended  Nine Months Ended
                                     Sep 25, Sep 26,  Sep 25,  Sep 26,
                                       1999     1998     1999     1998
         Pro forma operating
          costs and expenses         $ 4,818 $ 4,559  $13,661  $12,911
         Pro forma operating
          income                       2,510   2,172    7,516    5,748
         Net income excluding
          acquisition-related costs    1,904   1,575    5,701    4,209
         Basic earnings per
          share excluding
          acquisition-related costs     0.57    0.47     1.72     1.26
         Diluted earnings per
          share excluding
          acquisition-related costs     0.55    0.45     1.65     1.19
            NOTE: The pro forma supplemental information excludes the
         effect of amortization of goodwill and other
         acquisition-related intangibles as well as in-process research
         and development.
            ((Los Angeles newsdesk, 213-380-2014, fax 213-622-0056))