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


To: The Duke of URLĀ© who wrote (125035)1/16/2001 4:24:41 PM
From: Gary Ng  Respond to of 186894
 
Duke, Re: , margins 63%

58% next Q and revenue estimate down 15% next Q.



To: The Duke of URLĀ© who wrote (125035)1/16/2001 4:25:32 PM
From: Joe NYC  Respond to of 186894
 
Ouch:

The company's best estimate given the high level of economic uncertainty is that revenue for the first quarter of 2001 will be down 15 percent, plus or minus several points, from fourth quarter revenue of $8.7 billion, due to seasonal factors and the impact of slowing worldwide economies.
biz.yahoo.com

It looks like Intel wants to get all the bad news out now (kind of like what Mary suggested earlier)

Joe