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To: tejek who wrote (168350)7/16/2002 4:48:39 PM
From: wanna_bmw  Read Replies (1) | Respond to of 186894
 
Ted, Re: "a revenue range of $6.3 to $6.9...could the spread be any bigger?"

Intel is saying that revenue will be flat to 10% up, which goes along their previous patterns of conservative outlooks. I expect the spread to narrow to 5% at the mid-quarter CC.

wbmw



To: tejek who wrote (168350)7/16/2002 4:51:50 PM
From: FR1  Read Replies (2) | Respond to of 186894
 
While I understand IT spending is down, I don't understand why there is not a glimmer of improvement yet.

IMHO, you have to find a way to recapitalize the big telcoms in order to get the spending going. Q, T, NT, WCOM, etc are all up their ears in debt with no spending power.

Perhaps some political move like a "program to get the nation wired for broadband" or something like that would help.



To: tejek who wrote (168350)7/16/2002 4:54:24 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
Ted,

re: While I understand IT spending is down, I don't understand why there is not a glimmer of improvement yet.

Always darkest before the dawn? Hell, I don't know.

For those who care, the losses from ICG, WCCG and "other" subtracted $723 million from IAG's excellent operating profit of $1,362 million for a net operating profit of $639 million.

Good job by the IAG guys. Hope the employee cuts are proportional to the division profits.

John