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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (35501)6/20/2000 9:58:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
Gottfried,

From MW:Intel on Tuesday revised its interest and other income estimates for the second quarter to be approximately $2.3 billion, up from the previously stated $725 million.

For some unknown reason the market punishes companies which report gains from investments, since these are not part of operating income. Logical? I don't think so, but this is how WS works.

BK



To: Gottfried who wrote (35501)6/20/2000 11:55:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
G.,

Perhaps a chart plotting the growth(shrinkage) in backlog (i.e. Bookings less Shipments) during the past 9 months might help some of the naysayers see how the market will react to the numbers.

Another $600M plus into the backlog while shipments continue to ramp seems to be quite healthy growth from my perspective.

FWIW,
Ian.


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