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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (58692)	7/15/2003 3:29:41 PM
From: Sully-	Respond to of 65232

15:15 ET Intel Earnings Preview (INTC) 23.87 -0.16: Intel reports its much anticipated Q2 after the close today with Reuters Research expecting EPS of $0.13 per share and revs of $6.72 bln. Bear Stearns analyst believes the co's revenues will come in sequentially negative at 0.8%. However, the analysts' channel checks suggest better-than-expected PC shipments in the month of June. ThinkEquity believes the microprocessing behemoth will come in at the high end of revised revenue guidance of $6.6-$6.8 bln and guide 2H03 higher. While this may seem like a bullish indicator, the analyst points to Intel and the semi industry not having a lower 2H than 1H for 16 of the last 19 years.