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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (50083)	4/16/2002 4:40:09 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

Intel's Profit in Line with Forecasts SANTA CLARA, Calif. (Reuters) - Intel Corp. on Tuesday reported first-quarter earnings down slightly from a year ago, suggesting that its profit declines are nearing an end. The world's largest chipmaker also forecast a wide second-quarter revenue range of $6.4 billion to $7.0 billion. Santa Clara, California-based Intel said net income before acquisition-related charges was $1.0 billion, or 15 cents a share, compared with year-ago profit before charges of $1.1 billion, or 16 cents a share. Revenue rose to $6.8 billion from $6.68 billion. On that basis, the results were in line with the 15 cents a share analysts polled by research firm Thomson Financial/First Call had forecast. Estimates ranged from 13 cents to 16 cents a share and revenue was forecast at $6.79 billion. Analysts had forecast second-quarter earnings of 15 cents a share, within a range of 11 cents to 18 cents, on revenue of $6.67 billion, a decline of about 1.8 percent from first-quarter levels. Shares of Intel rose $1.34 to $29.45 on the Nasdaq before results were released, which came after the close of regular U.S. trading. The stock has declined 6.4 percent this year, compared with a 16 percent rise in the Philadelphia Semiconductor Index

To: Jim Willie CB who wrote (50083)	4/16/2002 11:05:38 PM
From: Wharf Rat	Respond to of 65232

This is sort of a macabre thought (sort of hospital humor), but your scenario would be pretty funny to watch. I wouldn't think it too funny if I was involved, but yeah, it would be funny, 'til it becomes an Exxon/Anderson thing and poor ol' Joe Sixpack gets laid off and loses his pension. Of course, at that point, J6P could always get a job in the mines, but the bankers and the poor shmucks who stored metal with them won't be able to cut it. (And don't tell me they will walk, free and clear and still wealthy...I don't want to hear that). Rat