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

To: Saturn V who wrote (157878)	2/6/2002 12:53:15 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 186894

Intel sees server sales improving By Mike Tarsala, CBS.MarketWatch.com Last Update: 12:46 PM ET Feb. 6, 2002 LA QUINTA, Calif. (CBS.MW) -- Intel (INTC: news, chart, profile) is starting to see a recovery in its server business and expects emerging markets to drive future growth, company executive Mike Splinter said Wednesday. Speaking at the Goldman Sachs technology conference here, Intel's executive vice president of worldwide sales said the company is starting to see sales of its Xeon server processors increase as customers burn off computer inventories. He expects sales to accelerate once Intel starts selling its high-end McKinley processor later this year. "Big-name companies are trusting the Intel architecture to run critical applications," Splinter said. "This is a big change." He expects more distribution in China, India, Eastern Europe and Russia, he said, along with growth in Latin America this year despite the currency crisis in Argentina. Separately, Splinter said Intel and computer makers remain on track to offer Pentium 4 chips in notebook computers in the first quarter. Intel shares were down 2 percent to $33.10 at midday.