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

To: chic_hearne who wrote (105829)	7/18/2000 4:39:24 PM
From: Cirruslvr	Read Replies (1) \| Respond to of 186894

Chic - RE: "Re: Guess what was delayed again What? Itanium?" Damn, you smart! "Today, the company said that it would soon begin shipments of its Intel® Itanium™ processor for systems used by IT end-users in pilot installations, and that the company now expects to begin recording revenue for Itanium processor shipments during the fourth quarter, rather than the third." intel.com

To: chic_hearne who wrote (105829)	7/18/2000 4:43:28 PM
From: Joey Smith	Respond to of 186894

The top-line numbers ($8.3B rev.) are better than most analysts predicted, and most of this growth coming from the core micorprocessor group (IAGR Revenue from 6.58M in Q1 to 6.95M in Q2). Forecast is also better than expected: The company expects revenue for the third quarter of 2000 to be up from second quarter revenue of $8.3 billion. The company expects gross margin percentage for the third quarter to be approximately 63 to 64 percent. Wall Street should like these numbers. Joey