SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (54521)9/21/2000 4:57:53 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
Can HP and AMD be far behind in warning??

It's Sept madness time



To: Don Green who wrote (54521)9/21/2000 5:08:43 PM
From: sylvester80  Respond to of 93625
 
The difference is 4% above the 2nd Q growth. (+3 to 5% vs. +7 to 9%). Zeev! Where do we go from here for the market?

biz.yahoo.com

Thursday September 21, 4:40 pm Eastern Time
Intel cuts third quarter revenue forecast
SANTA CLARA, Calif Sept 21 (Reuters) - Intel Corp. (NasdaqNM:INTC - news) on Thursday reduced its third quarter revenue estimates due to weak European demand, saying it now expects third quarter sales to be up about 3 percent to 5 percent from the second quarter's $8.3 billion.

Intel, the world's largest maker of microchips for personal computers, said in a statement it expects its third quarter gross margins to be about 62 percent, plus or minus one percent, which is below previous guidance of roughly 63 percent to 64 percent.

Intel expects interest and other income to be about $900 million, which is above previous forecasts of $800 million.

The company said its third quarter expenses should be about 7 percent to 9 percent above the second quarter's $2.2 billion, excluding costs for in-process research and development.