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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: B.REVERE who wrote (95412)	4/17/2001 5:06:34 PM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

Intel earnings rise even as sales slide (And Its So Cheap Now-) SANTA CLARA, Calif. (CBS.MW) -- Intel surprised Wall Street Tuesday, reporting first-quarter earnings that outpaced its previously lowered expectations even as sales declined. The world's largest chip-maker said its net income in the period, minus acquisition-related costs, totaled $1.1 billion, or 16 cents a share, vs. $3 billion, or 43 cents a share, in the first quarter of 2000. The First Call/Thomson Financial consensus estimate on Intel's profit was 15 cents a share on sales of $6.59 billion. Overall sales fell to $6.7 billion from $8 billion last year, with microprocessor and chipset unit shipments lower than in the fourth quarter.