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


To: GVTucker who wrote (161420)3/7/2002 4:24:47 PM
From: Tony Viola  Read Replies (2) | Respond to of 186894
 
GV, Intel's updated guidance calls for revenues from $6.6 b to $6.9 b, which should be mildly disappointing compared with expectations of 6.7-7.0.

Intel last stated it as 6.4 to 7.0. Where'd you get the 6.7 to 7.0?

BUSINESS OUTLOOK

The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not include the potential impact of any mergers, acquisitions or other business combinations that may be completed after Dec. 29, 2001.

Intel plans to provide a mid-quarter Business Update to the Outlook provided below on March 7.

Continuing uncertainty in global economic conditions makes it particularly difficult to predict product demand and other related matters.

** Revenue in the first quarter is expected to be between $6.4 billion and $7.0 billion.



To: GVTucker who wrote (161420)3/7/2002 4:28:42 PM
From: Joey Smith  Read Replies (2) | Respond to of 186894
 
But, looks like GMs over 50%, which is modestly positive.



To: GVTucker who wrote (161420)3/7/2002 4:35:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 186894
 
GVTucker,

Intel's updated guidance calls for revenues from $6.6 b to $6.9 b, which should be mildly disappointing compared with expectations of 6.7-7.0.

I think the old expectation was 6.4 - 7.0, so the average of the new one is actually higher of the average of the old one by 50 million.

Joe

<edit> nevermind, somebody replied already </edit>