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To: kaka who wrote (165744)6/7/2001 4:24:15 PM
From: D.J.Smyth  Respond to of 176387
 
kaka, I should have asked you for bud; no wine:

I'd say this qualifies as flat to slightly positive? Let's not do the CNBC thing with reinterpretation.

Thursday June 7, 4:18 pm Eastern Time
Press Release
Intel Second Quarter Outlook Within Previously Expected Ranges
SANTA CLARA, Calif.--(BUSINESS WIRE)--June 7, 2001--Intel Corporation today provided a planned update to the company's Outlook for its second quarter, which ends June 30. Intel announced its intention to provide a mid-quarter Business Update when it reported first quarter 2001 results on April 17.

Intel expects that revenue, gross margin percentage and expenses for the second quarter will be within the previous expectations and slightly below the midpoint of the ranges provided on April 17. The company continues to see stability in the microprocessor business and weakness in its communications related businesses. Intel still expects a seasonally stronger second half.

All other expectations remain unchanged, with the exception of amortization of goodwill and other acquisition related intangibles and costs, which is expected to be higher due to the impact of acquisitions that have closed within the current quarter.



To: kaka who wrote (165744)6/7/2001 4:33:34 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 176387
 
Kaka, ahem...nothing? "Weeping lasts for but a moment, but joy comes after market closure." Newest Revised Standard Abridged Overlay Addition (King David, Psalms)

If David had traded stocks he would have never made this up.