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To: pallmer who wrote (6182)	2/28/2003 8:43:30 AM
From: pallmer	Read Replies (1) \| Respond to of 29600

-- Before the Bell: Gap, Intel Slip -- NEW YORK (Reuters) - Shares of Gap Inc. <GPS.N> declined ahead of Friday's opening bell, a day after the clothing retailer said its February sales were short of its expectations. Shares of Gap traded at $13.90 on Instinet, down from the prior day's close of $14.82 on the New York Stock Exchange. Gap said after Thursday's close that sales in stores open at least a year in February fell short of projections due to winter storms on the East Coast and low consumer confidence. Intel Corp. <INTC.O> shares also edged down before the opening bell, to $16.95 on Instinet from its close on the Nasdaq of $16.70. Starbucks Corp. <SBUX.O> also slipped in pre-open trade, down to $23.00 from its Nasdaq close $23.09. After Thursday's close, the coffee retailer said that its February same-store sales rose 7 percent. Stocks are expected to rise at the open, as indicated by gains in equity index futures. Futures for the Standard & Poor's 500 index rose 2.30 points to 840.50, while futures for the Nasdaq 100 advanced 6.5 points to 1,003.00. (C) Reuters 2003. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. Symbols: US;INTC US;SBUX US;GPS CA;INTC XE;INTC 28-Feb-2003 13:41:00 GMT Source RTRS - Reuters News