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


To: Tenchusatsu who wrote (125886)1/23/2001 4:45:06 PM
From: maui_dude  Read Replies (1) | Respond to of 186894
 
Compaq announces good earnings (30c vs expected 28c).
Intel up another 50c after hours at 1.45PST.

The part relevant to Intel :
"The strength of our enterprise business, international growth and solid services profitability offset softness in the North American personal computer market," said Michael Capellas, chairman and chief executive officer. "Our server and storage revenue grew 20 percent year-over-year with strength across all our high-end product lines. Industry standard server revenue was up 24 percent, business critical server revenue was up 17 percent and storage revenue was up 17 percent. Revenue outside of the United States grew 26 percent in constant currency."

Business Outlook

"While market conditions will be difficult in the first half of the year, we will continue to differentiate ourselves by developing innovative products, integrating them into solutions and serving the global market," Capellas continued. "The importance of information technology continues to grow, and customer acceptance of our offerings is high.

"For the full year 2001, we are comfortable with analyst estimates of earnings per share growth in the 20 to 25 percent range," he said.

Maui