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


To: kapkan4u who wrote (170621)9/5/2002 4:18:23 PM
From: Road Walker  Respond to of 186894
 
Intel Third-Quarter Business Within Expectations
SANTA CLARA, Calif., Sept. 5, 2002 -- Intel Corporation today provided a planned update to the company's Business Outlook for the third quarter, which ends Sept. 28.

Intel expects revenue for the third quarter to be slightly below the midpoint of the previous range of $6.3 billion to $6.9 billion, and within a narrower range of $6.3 billion to $6.7 billion. Microprocessor unit sales are trending toward the lower end of the normal seasonal pattern. The company's flash business is in line with expectations, while demand for other communications products remains soft. All other expectations are unchanged.

Intel's third-quarter 2002 Business Outlook was originally published in the company's second-quarter 2002 earnings release, available on the Intel Investor Relations Web site at www.intc.com.

Intel will host a public webcast at 2:30 p.m. PDT today on the Investor Relations Web site. A replay of the webcast will be available until Sept. 12 on the Web site and by phone at (719) 457-0820, passcode 472959.



To: kapkan4u who wrote (170621)9/5/2002 4:23:54 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Kap,

re: Just letting the embattled INTC longs know that I am turning neutral.

Oh, and I for one appreciate that.

Did you make a few bucks on the QQQ options that you sold?

John