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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (75230)	10/12/1999 6:01:00 PM
From: Goutam	Read Replies (1) \| Respond to of 1584974

Ted, The following is taken from INTC press release: Intel Third Quarter Revenue $7.3 Billion, Up 9% Earnings excluding acquisition-related costs* $0.55 per share, up 22% EPS $0.42, down 5% THIRD QUARTER 1999 BUSINESS REVIEW Intel Architecture Business Group Microprocessor and chipset unit shipments both set new records in the third quarter. Motherboard unit shipments were up sequentially in the third quarter. Computing Enhancement Group Embedded processor and microcontroller unit shipments were down sequentially in the third quarter. Flash memory unit shipments set a new record in the third quarter. Network Communications Group Unit shipments of Fast Ethernet connections were approximately flat in the third quarter. Communications Products Group Unit shipments of switches were up sequentially in the third quarter. Financial Review Average selling prices of microprocessors were down in the third quarter from the second quarter. Revenue in the third quarter was up 9 percent from the second quarter. Excluding post-acquisition revenue of companies acquired in the third quarter, revenue was up 7 percent from the second quarter. Gross margin percentage in the third quarter was down slightly compared to the second quarter, excluding acquisition-related costs in both quarters. Expenses (R&D, excluding in-process R&D, plus MG&A) during the quarter were up 8 percent from the second quarter. Excluding post-acquisition operating expenses of companies acquired in the third quarter, expenses were up 5 percent, within our previous guidance of approximately 4 to 6 percent. ** The effective tax rate for the third quarter was approximately 38.5 percent, or approximately 33 percent excluding the impact of acquisition-related costs. Regards, Goutama