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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (55946)	9/30/2000 1:58:04 AM
From: Sully-	Read Replies (1) \| Respond to of 93625

scumbria, "They were trying to explain poor earnings. I assume that implies weak overall demand. Europe is a pretty big place. England, France, Holland and Belgium alone have as many people as the US." Shares of semiconductor bellwether Intel plunged in after-hours trading after it warned late Thursday that third-quarter revenue will fall below its previous expectations due to waning demand in Europe. Intel, the world's largest computer chip manufacturer, said revenue in the third quarter will be 3 to 5 percent higher than the second quarter's $8.3 billion...... Santa Clara, Calif.-based Intel generated about 27 percent of its revenue from European operations last year, according to company spokesman Tom Beerman. He added that the company's "other geographic regions are still tracking according to our projections." cbs.marketwatch.com hmmm.... Lies? Perhaps only misleading or intentionally deceptive statements? Maybe scumbria will claim ignorance, albeit that conflicts with being the self-appointed RMBS thread guru. Me thinks he is full of something awfully stinky :-\| Ö¿Ö w2

To: Scumbria who wrote (55946)	9/30/2000 1:36:06 PM
From: Dave B	Read Replies (2) \| Respond to of 93625

Scumbria, They were trying to explain poor earnings. I assume that implies weak overall demand. Europe is a pretty big place. England, France, Holland and Belgium alone have as many people as the US. That's an incorrect assumption and you can read about it in today's Merc (Business Section -- the article on the P4 delay and Timna cancellation). The weak demand is in Europe only, and it's primarily due to the weak Euro driving up the cost of imports (from other reports, not the Merc) creating "sluggish demand" as the Merc calls it. It is not a worldwide weakness in demand from anything I've read or heard. Dave