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

To: lanac who wrote (102533)	4/18/2000 5:04:00 PM
From: BostonView	Respond to of 186894

63% gross margins, everything "sold out", need to spend $6b to ramp production, "very excited" about H2. Man, I love this company!!! BV

To: lanac who wrote (102533)	4/18/2000 5:30:00 PM
From: kash johal	Respond to of 186894

Lanac, The numbers below are from Intels release: Intel Architecture Business Group: q1 00 q4 99 q1 99 Revenues 6,609 6,955 6,429 Operating profit 3,065 3,318 2,944 As you can see outside financial shenanigans the performance sucked. Both sales and profits in IABG declined. They had a lot more interest and stock sale revenue to beat estimates. They had forecast $500M and actual was $640M or around 4c/share. This is NOT a great earnings report. But for the sake of the market I hope the analysts let Intell off. Otherwise could be a bloody day tomorrow. regards, Kash