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To: Pravin Kamdar who wrote (46901)	7/10/2001 3:59:01 PM
From: Petz	Respond to of 275872

re:unless [Intel is] going to miss revenue, they have no reason to warn They already warned is that they would NOT warn, even if they miss revenue. Does anyone know when Intel first published this paragraph at Intel is currently in its Quiet Period. The Outlook and each of the forward-looking statements contained in the Earnings Releases and Business Update press releases as well as in the company's filings with the SEC on, e.g., Forms 10-K and 10-Q, are as of this date presented for historical purposes only. None of these forward-looking statements should be considered as the current expectations of Intel. The company assumes no obligation to update the Outlook or such other forward-looking information , which speak as of their respective dates. This is the very first quarter where they had a "Mid-Quarter Business Update." PS - found this from Oct 17, 2000 Intel Revises Its Outlook Publication Procedures In connection with the recent adoption of new SEC rules on corporate disclosure, Intel is changing its procedures for publishing and updating its Outlook forward-looking statements and risk factors statements. Following the publication of Outlook in its quarterly Earnings Release, Intel will continue its current practice of having corporate representatives meet privately during the quarter with investors, the media, investment analysts and others. At these meetings Intel may reiterate the Outlook published in the Earnings Release. At the same time, Intel will keep its Earnings Release and Outlook publicly available on its Web site (www.intc.com). Prior to the start of the Quiet Period (described below), the public can continue to rely on the Outlook on the Web site as still being Intel's current expectations on matters covered, unless Intel publishes a notice stating otherwise. Towards the end of each fiscal quarter, Intel will have a "Quiet Period" when it no longer publishes, or updates, Outlook as its current expectations and Intel representatives will not comment concerning Outlook or Intel's financial results or expectations. The Quiet Period will extend until the day when Intel's next quarterly Earnings Release is published. For the fourth quarter, the Quiet Period will be Dec. 16, 2000 through Jan. 16, 2001. So, I guess a good question to ask is, Has Intel ever warned during their quiet period? Petz