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


To: t2 who wrote (138684)7/5/2001 6:15:54 PM
From: t2  Respond to of 186894
 
thestreet.com

key quote:
If Intel's June 7 midquarter financial forecast proves accurate, Intel is winning the price war with AMD. During that announcement and conference call, Intel stuck by its previous revenue forecasts, which called for a decline of a couple percent to $6.5 billion. Intel also said last month that it expects profit margins to be within expectations.



To: t2 who wrote (138684)7/5/2001 6:19:33 PM
From: Road Walker  Respond to of 186894
 
NV,

re: Actually, this AMD warning is good news for Intel.

I guess you could say this is good news, in the same way that getting a lot of beneficial rain is good news when you get hit by a hurricane.

John