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To: calgal who wrote (162210)10/17/2000 6:20:33 PM
From: D.J.Smyth  Respond to of 176387
 
analysts were expecting $.41 from Intel before they warned. they delivered $.41 even so. revenue was off from earlier predictions by $200-$250 million. this appears to be microprocessor related. they're all talking about Intel beating the "lowered expectations" without saying what those expectations were (analysts lowered their earnings expectations from $.41 to $.38)

microprosser prices are down about 7% which accounts for much of the 4th qtr. expectations being less than the 10% sequential growth in revenue (per one analyst's expectations, not all - others consider the 4% to 8% conservative). microprocessor unit shipments are up nonetheless...they appear to be at about nearly the same count as analysts were expecting before they warned. so, up in the Americas and Asia, down in Europe. p4 release expected to account for some addtl. strength in December.

Analyst: Intel Results Show PC Sector is Solid
biz.yahoo.com

lots of crazy traders in this market. IBM even stated PC sales rebounded sharply. Where's the dying PC? Guess it exists mainly in the mind. Whoever invented the dying PC genre has certainly been successful continually playing that tune.