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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (84834)	9/21/2000 5:17:50 PM
From: Night Writer	Respond to of 97611

Intel sees third quarter revenues below expectations New York--Sept. 21--Intel Corp.'s (INTC) said third-quarter revenues and gross margins will be lower than expected, with revenues 3%-5% higher than the $8.3 billion it posted in the second quarter. The company cited weak demand in Europe for the revenue shortfall. Gross margins will be about 62%, down from previous expectations of 63% to 64%. The company also said its interest-and-other income will be about $900 million in the third quarter, up from previous expectations of $800 million. (Story .21437)