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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (13485)	9/6/2001 4:27:32 PM
From: Shadowed	Respond to of 19633

Intel (INTC) 26.10 -1.37: -- Update -- Guidance details... Revenues just below the mid-point of the previously forecast range which was $6.2-$6.8 bln. Company sees expenses in the range of $2.0-$2.1 billion, lower than the previous expectation of between $2.1-$2.2 billion. Gross margin percentage is expected to be within the previous expectation though below the midpoint of the range. Loss from equity investments and interest is expected at a net loss of $90 million, lower than the previous expectation of zero. 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."