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

To: Tony Viola who wrote (161423)3/7/2002 4:27:55 PM
From: GVTucker  Respond to of 186894
 
Current expectation was 6.7-7.0. Intel's previous guidance is rather dated now.



To: Tony Viola who wrote (161423)3/7/2002 4:30:06 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
To further elaborate, here's what Edelstone said day before yesterday when he upgraded Intel:

We expect Intel to suggest that revenues will be slightly above the mid point of the guided range to $6.7-$7.0 billion and margin upsides are possible

The guided range is below that and there is no margin upside, hence the mild disappointment.


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