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

To: brushwud who wrote (172026)	11/27/2002 7:46:52 AM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Brushwad, re: During this period, the flash-memory market should grow from $6.9 billion to $8.2 billion. Yet because of Intel's aggressive pricing, it loses $200 million per quarter in that business -- and won't predict when it will turn profitable." The Business Week quote doesn't make a lot of sense, if you look at the numbers. Intel's WCCG, which includes flash, had Q3 revenue of $586M and lost $30M. Q2 was $532M revenue, $98M loss. X-Scale and their chipsets are also in those numbers, but unless you believe they are wildly profitable, there is no way to get to BW's $200 million loss per quarter for flash. And with the $582M in revenue, figuring an 80% market share (a projection that I never heard from Intel) of ~$7B industry doesn't work. Business Week ought to do a little better research, and you ought to be a little more skeptical of what you read. John