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

To: wanna_bmw who wrote (168375)	7/16/2002 7:06:51 PM
From: ptanner	Read Replies (1) \| Respond to of 186894

wbmw, re: "Meanwhile, both the ICG and WCCG groups gained in revenue over the quarter, the former by 3.5%, and the latter by nearly 16%." When reading Intel's press release I realized that I had thought the ICG had flash in it while it was actually the WCCG. This was reflected in my optimistic ICG contest value. I originally selected the ICG vs WCCG arbitrarily as an Intel EPS Contest category. Perhaps it had slightly more revenue. For future contests, it might make more sense to replace it with WCCG instead? Then both contests would have a flash component. Any thoughts? -PT

To: wanna_bmw who wrote (168375)	7/16/2002 7:33:21 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

wbmw, re: Not bad for a quarter that otherwise disappointed. On ICG, revenues increased sequentially, but were down YOY. The loss decreased both sequentially and YOY. In WCCG, the revenue and the loss increased at about the same rate, sequentially. YOY the revenue was up slightly and the losses were down substantially. And yes, I give credit to Barrett for taking the charges and closing the businesses in "Other". I don't give him much credit for starting them. So now those "growth" businesses represent 21% of revenue, and in this quarter reduced profit by 53%. With the charges (which are not exactly a management endorsement). This has been going on for years. Intel invested over $12Billion in those businesses. All they do is lose money. Intel doesn't trade on their revenue numbers. re: So I can understand your continued impatience When does the future get here? Intel would probably be a $50 stock (considering the original investment, the losses over the years, the reduced eps, the lack of focus) if not for Barretts great adventure. As a stockholder, yes, I am impatient. John