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To: NOW who wrote (95466)	4/17/2001 7:53:28 PM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

Intel beats lowered profit estimates Slowdown in chips sales cuts first-quarter profits in half Was it a better steep drop than Wall Street expected? April 17 — Intel Corp. on Tuesday reported a steep drop in first-quarter net income — a bit better than Wall Street was expecting. But despite the company’s prediction that things will pick up in the second half of the year, analysts say it will be some time before the world’s largest chipmaker rebounds from the industry’s worst slump since it Intel launched its first personal computer processor in the late 1970s.