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To: Oral Roberts who wrote (44086)	7/15/2003 5:12:00 PM
From: Jorj X Mckie	Respond to of 57110

I couldn't bring myself to do it. but close:-) Message 19113135

To: Oral Roberts who wrote (44086)	7/15/2003 5:19:39 PM
From: quote 007	Respond to of 57110

this is bullish????????? +DJ Intel CFO:Not Seeing Evidence Of Corp Replacement Cycle 07/15/2003 Dow Jones News Services (Copyright © 2003 Dow Jones & Company, Inc.) (MORE) Dow Jones Newswires 07-15-03 1645ET DJ Intel CFO: Not Seeing Corporate IT Budgets Improving>INTC (MORE) Dow Jones Newswires 07-15-03 1646ET DJ Intel CFO Sees Normal 3Q Off Better Than Expected 2Q (MORE) Dow Jones Newswires 07-15-03 1647ET =DJ Intel CFO -2: Spending On R&D During Downturn Paid Off By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Intel Corp.'s (INTC) Chief Financial Officer Andy Bryant said Tuesday that the company isn't seeing any evidence that a corporate replacement cycle for computers is occurring. Speaking during an interview with Dow Jones Newswires, Bryant also said Intel hasn't seen signs that spending by corporations on technology gear is on the mend. Still, Intel does expect a normal third quarter, said Bryant. Typically the second half of the year is better for Intel as it benefits from the back-to-school and holiday shopping seasons. Bryant said that historically Intel's revenue in the third quarter increases 5% to 7% sequentially. The midpoint of the company's third-quarter sales target, which stands at $6.9 billion to $7.5 billion, represents a 6% increase in sales, noted Bryant. In the case of the second-quarter, Bryant said the Santa Clara, Calif., chip maker saw strength across the company's architecture business, thanks in large part to its commitment to continue to spend on research and development throughout the downturn. Bryant pointed out Intel's new wireless chip Centrino, as one new technology that has lifted the chip maker's sales. For the second quarter Intel reported net income of $896 million, or 14 cents a share, compared with $446 million, or 7 cents a share, a year earlier. The year-ago earnings included a $106 million charge for winding down the online services business, as well as a $112 million write-off acquired intangibles. Sales in the June quarter increased 8% to $6.82 billion. Intel's earnings and sales topped the Thomson First Call consensus. Following Intel's earnings report, shares of the chip maker edged 4% higher in late trading, to $25.09, according to Island ECN. The stock finished the regular trading session at $24.10, up 0.3% or 8 cents. -By Donna Fuscaldo, Dow Jones Newswires; 201-938-5253; donna.fuscaldo@dowjones.com (END) Dow Jones Newswires 07-15-03 1704ET News provided by Dow Jones NewswiresSM, PR News Wire™ and Business Wire™. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire. Ameritrade is not responsible for the quality and suitability of third party financial or investment information or services. Please consult other sources of information and consider your individual financial position and goals before making an investment decision. Ameritrade, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. 2002 Ameritrade IP Company, Inc. All rights reserved. Used with permission.