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

To: Paul Engel who wrote (106157)	7/25/2000 8:17:16 PM
From: Scumbria	Read Replies (2) \| Respond to of 186894

Paul, Why were ASPs up to only $93 this past quarter ? There was no increase in Athlon sales, and K6 was a giveaway at $30. Hopefully the higher percentage of Athlons will balance out the lower average Athlon price. Scumbria

To: Paul Engel who wrote (106157)	7/25/2000 8:17:27 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Intel Investors - GREAT NEWS from COMPAQ !!! Compaq posted a decent Q2 earnings report today - and it appears they may finally be on the road to recovery --- and check out what they say SPECIFICALLY about SERVERS and Commercial PCs - which are predominantly Intel-based !! ""Nowhere are the results of our efforts more evident than in our industry standard server and commercial PC businesses," said President and CEO Michael Capellas in a statement. "Industry standard server revenue grew by 40 percent, further extending our leadership in building out the Internet infrastructure, while our commercial PC business returned to profitability a quarter ahead of plan."" This has to be another boost for Intel tomorrow ! Paul {============================} app.marketwatch.com URL: cbs.marketwatch.com Compaq matches analysts' estimates CFO ‘comfortable' with Q3 profit, revenue estimates By Janet Haney, CBS.MarketWatch.com Last Update: 7:17 PM ET Jul 25, 2000 NewsWatch Latest headlines HOUSTON (CBS.MW) - Compaq Computer, the world's No. 1 PC maker, reported second-quarter earnings Tuesday that matched Wall Street analysts' estimates as sales rose 8 percent. "The company has clearly come a long way in the last year," commented Kurt King, an analyst at Banc of America Securities. "The arrows seem to be pointing in the right direction." The Houston-based company (CPQ: news, msgs) said its net income in the period was $387 million, or 21 cents a share, excluding investment gains of $25 million after tax. The results were in line with the consensus estimate from analysts polled by First Call. Including the gain, Compaq earned 22 cents a share. In the year earlier, Compaq lost $184 million, or 10 cents a share. Sales in the second quarter hit $10.1 billion, vs. $9.4 billion a year ago. Gross margins for the quarter rose 3 percent over the year ago period to 23.6 percent. Compaq shares closed up 1/2 to 27 7/16 and moved to 28 in after-hours trading. "I think it'll [the stock] trade up a bit - a sigh of relief kind of phenomenon" said Daniel Kunstler, an analyst at J.P. Morgan, referring to Wednesday's trading session. "You've got a certain amount of support in the stock, a lot of people do want to own it." Weighing in "Nowhere are the results of our efforts more evident than in our industry standard server and commercial PC businesses," said President and CEO Michael Capellas in a statement. "Industry standard server revenue grew by 40 percent, further extending our leadership in building out the Internet infrastructure, while our commercial PC business returned to profitability a quarter ahead of plan." Compaq's enterprise computing unit's revenue increase 9 percent year-over-year to $3.4 billion. The business includes Compaq's business critical servers group, industry standard servers group and its storage products group. Its industry standard servers group sales jumped to $1.5 billion, an increase of $424 million, encouraged by sales of its ProLiant servers used for Internet applications. Meanwhile, the company's business critical servers group sales fell by 13 percent from the year-ago second quarter, to $750 million, as a result of a product transition. Additionally, Compaq's personal computing group reported revenue of $3.3 billion, up 3 percent from the year earlier. The company said this unit returned to profitability in its second quarter, with operating profits of $62 million, a jump of $286 million over the same quarter a year ago. In the consumer space, Compaq's consumer group rang in with sales of $1.6 billion, representing a 32 percent boost from the year earlier. The road ahead "We expect to deliver strong, double-digit revenue growth in the second half of the year," Capellas added. "I am very confident in our ability to meet our third-quarter and full-year objectives." Compaq Chief Financial Officer Jesse Greene commented during the company's conference call that the PC maker is "comfortable" with Wall Street analysts' earnings predictions of 29 cents a share for the third quarter, and revenue projections of $10.8 billion. Capellas said the market can expect "seriously cool products coming in the next few weeks" from Compaq. "The outlook is quite positive," Banc of America's King, offered. "If they can sustain that suggested revenue growth level beyond the third quarter, there's big revenue upside opportunities here."