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To: Mannie who wrote (40993)	9/6/2001 4:36:40 PM
From: stockman_scott	Respond to of 65232

Intel Third-Quarter Business Within Previous Expectations SANTA CLARA, Calif.--Sept. 6, 2001--Intel Corporation today provided a planned update to the company's Business Outlook for the third quarter, which ends Sept. 29. Intel expects revenue for the third quarter to be within the previous expectation and slightly below the midpoint of the range provided on July 17. Intel's microprocessor business continues to follow seasonal patterns while the flash and communications businesses remain in line with the company's expectations at the beginning of the quarter. The gross margin percentage is expected to be within the previous expectation and below the midpoint of the range. Expenses (R&D, excluding in-process R&D, plus MG&A) are expected to be between $2.0 billion and $2.1 billion, lower than the previous expectation of between $2.1 billion and $2.2 billion. Gain (loss) from equity investments and interest and other is expected to be a net loss of $90 million, lower than the previous expectation of zero, due to lower than expected realized gains from the sale of equities. Intel expects to reduce its third-quarter tax provision by $100 million. The reduction is the result of an increase in the calculated tax benefit related to export sales for 2000 and the impact of a revision in the tax law related to export sales. This change in estimated taxes will be reflected in the federal income tax return for 2000 that the company expects to file this month. Excluding the effect of this adjustment and the effect of non-deductible acquisition-related costs, the tax rate for 2001 is still expected to be approximately 25.7 percent. All other expectations are unchanged. Intel's third-quarter 2001 Business Outlook appears along with the company's second quarter 2001 earnings release, available at www.intc.com/intel/finance/earnings.htm. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

To: Mannie who wrote (40993)	9/6/2001 4:45:31 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

you should love Amazon better yet, you should love their stockholders and underwriters they have been subsidizing profitless sales for years I love them too, what a deal each time I buy a $50 textbook should be $70 minimum for such quick custom service from my desk to my door wow, what a great deal they are burnt toast barriers to entry? what barriers? they compete with BarneyNoble, Borders, and every major university bookstore anyone who can open a store and sell or ship books almost no real advantage operationally (buy, store, locate, stuff, ship, bill) all the advantages are on the purchaser side recent changes involve outsourcing, so now they are becoming a sales agent I defy you to refute this essential point like many internet firms, they are a sham with no added value to reduce the cost of THEIR doing business just like how the Harvard BusSchool professor said it in BusinessWeek a buyout (if it happens) will be at silly low price what is their book value? that is where it is heading, minus 10-20% AMZN is basically worth the brick & mortar behind it what irony !!! / JW