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

To: Paul Engel who wrote (110848)	9/22/2000 2:56:02 PM
From: GVTucker	Read Replies (2) \| Respond to of 186894

Taking that a few months further, though, there was yet another warning in August of that year, perhaps early September, that sent Intel into a swoon that took about a year to recover.

To: Paul Engel who wrote (110848)	9/22/2000 3:05:42 PM
From: Proud_Infidel	Respond to of 186894

Dell says PC market still strong AUSTIN, Texas, Sept 22 (Reuters) - Dell Computer Corp. (NasdaqNM:DELL - news) Chairman and Chief Executive Michael Dell said on Friday the company has seen no change in what it views as a strong personal computer market, despite Intel Corp.'s (NasdaqNM:INTC - news) warning of slower revenue growth in the third quarter. ``We haven't really changed our view of the market from our second quarter conference call,'' he told Reuters at Dell DirectConnect, a conference for Dell customers. He said Dell, the world's No. 2 computer maker, stood by its forecast that revenues would grow by 30 percent for the full year. ``We believe 30 percent is very achievable,'' he said. On Thursday, Dell said demand for personal computers was ``healthy,'' and that an expected component shortage had not developed. Intel cited weakness in European demand as a factor in its slowdown, but Dell said he was expecting its sales to increase year over year in the third quarter. ``This whole issue of the Euro is clearly an issue for companies that sell in Europe, (but) we're growing faster than the market in Europe. We're gaining share,'' he said. ``The second quarter (overall) in Europe was down year-over-year and we were up -- and we're expecting our business will be up in Europe again in the third quarter, even though the market may not be up,'' Dell said. Dell's third-quarter sales in Europe last year were about $1.3 billion, a company spokesman said. Sales were up 10 percent, year over year, in the second quarter this year.