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

To: Tony Viola who wrote (139492)	7/17/2001 7:29:12 PM
From: t2	Read Replies (1) \| Respond to of 186894

Tony, I also took the comments as a backlog of orders for P4 building up. Just saw Andy Bryant on CNN. He also noted that their channel inventories are low right now. That is another very good sign. That basically goes against all that talk we have seen from a lot of analysts. P4 for the business market out soon. Could be the catalyst needed for the corporate buying...some may have wanted to wait for the P4. The weak corporate market may finally strengthen. In addition, I believe this wide range of revenues (6.2B to 6.8B) is just being realistic. They are trying to protect themselves from a negative surprise. This does not appear to be like a John Chambers (csco) type of forecast...really meaning the low of the range. I am betting that they are expecting over 6.5B but just don't want to have to warn if the economy does not pick up. WindowXP may cause some complications in their forecasting model as well. Better to surprise the street than to warn.! BTW--Also saw Joseph of SSB more positive on Intel than usual.

To: Tony Viola who wrote (139492)	7/17/2001 10:33:24 PM
From: Dan3	Respond to of 186894

Nikkei dips below 12,000, 1st time since March (UPDATE: Updates to mid-morning) Tuesday July 17, 9:23 pm Eastern Time TOKYO, July 18 (Reuters) - Tokyo's key Nikkei average fell below the 12,000 yen mark for the first time since March 15, with already-weak investor sentiment battered by a slide in U.S. chip giant Intel Corp (NasdaqNM:INTC - news) in after-hours trade. ``Investors here originally expected Intel's results would give the market a lift after weighing it down with a bearish pre-announcement, just like what it did in the past,'' said Masatoshi Sato, senior strategist at Mizuho Investors Securities. ``But this time, it apparently failed to boost the market.'' The Nikkei fell as low as 11,977.73 by 0103 GMT -- 1.24 percent, or 150.84 points, below Tuesday's close. Semiconductor stocks were mostly lower. Top chipmaker Toshiba Corp fell 1.5 percent to 592 yen and NEC Corp lost 1.88 percent to 1,568 yen. Intel shares last traded at $29.40 on the Instinet electronic brokerage system, down from a regular close of $29.90. Intel, the world's largest semiconductor maker, posted a 76 percent drop in quarterly profits -- a surprise for analysts who were, on average, expecting worse results. The company's outlook gave investors little reason to be optimistic. Intel forecast third-quarter sales of $6.2 billion to $6.8 billion, compared with $6.3 billion in the second quarter. Other major high-tech stocks followed chip shares lower, with electronics giant Sony Corp down 2.48 percent to 7,090 yen and Matsushita Communication Industrial Co Ltd dipping 3.60 percent to 4,550 yen. biz.yahoo.com