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

To: GVTucker who wrote (161436)	3/7/2002 4:41:17 PM
From: Joe NYC	Respond to of 186894

GV, I guess the fact that the stock is trading down $0.75 - $1.00 is just a figment of my imagination. Is this after hours? I see Intel up a fraction. I guess the recovery is going to be slower than the most optimistic expectations, and I am sure Intel left some room for upside when the actual earnings are announced, so I would expect the actual revenue to be close to 6.9 billion. Joe

To: GVTucker who wrote (161436)	3/7/2002 4:47:47 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

GV, <none of y'all believe me that it's a mild disappointment.> To whom? Oh, the ANALysts. Never mind ... But to me, the disappointment is the continued weakness in communications. Tenchusatsu

To: GVTucker who wrote (161436)	3/7/2002 4:58:26 PM
From: herb will	Respond to of 186894

GV “I guess the fact that the stock is trading down $0.75 - $1.00 is just a figment of my imagination.” Intel said originally that the projected sales would be 6.4B to 7.0. Now they have refined the projection from 6.6B to 6.9B and since the projection is mid quarter apparently this is the projection for the last 1 and ½ months of the quarter. The new projection is pointing toward the high side of the original projection indicating that revenues for the first quarter are doing well. In addition Intel said today “The gross margin percentage is expected to be within the previous expectation and above the midpoint of the range.” The guidance was “Gross margin percentage in the first quarter is expected to be 50 percent, plus or minus a couple of points.” That isn’t too bad either. You dove in the cold on this pretty quick this afternoon, almost sounds like someone who has some money riding on the short side? Herb

To: GVTucker who wrote (161436)	3/7/2002 5:00:35 PM
From: wanna_bmw	Respond to of 186894

GV, Re: "none of y'all believe me that it's a mild disappointment." I believe you. Traders are very fickle, and it's quite possible that they figured Intel's older forecast was conservative, so they were expecting more. Or it could have been the direction of the wind today, who knows. wbmw

To: GVTucker who wrote (161436)	3/7/2002 5:16:07 PM
From: wanna_bmw	Read Replies (1) \| Respond to of 186894

GV, Re: "none of y'all believe me that it's a mild disappointment" After the Bell - Intel falls, Sun Microsystems gains NEW YORK, March 7 (Reuters) - Technology stocks were mixed in extended trading on Thursday following financial guidance from chip giant Intel Corp. (NasdaqNM:INTC - news) and Sun Microsystems Inc. (NasdaqNM:SUNW - news) that came after major stock markets closed. Intel slipped to $32.70, after falling as low as $32.25, from its close of $32.98 after the No. 1 chipmaker raised the range of quarterly revenue guidance it gave in January. Intel said shipments of microprocessors were following seasonal patterns. The outlook disappointed some investors, who had hoped for better news. Sun Microsystems jumped to $9.03 from its close of $8.83 after the network computer maker's chief financial officer said the firm still expects ``progress'' toward its goal of a fourth-quarter profit, and that fiscal third-quarter revenue will likely be higher than the previous quarter's sales. The Nasdaq 100 after-hours indicator, which represents trading in a basket of the 100 largest non-financial stocks traded on Nasdaq, rose 2.81 points, to 1,509.62. biz.yahoo.com wbmw