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

To: Dealer who wrote (59945)	12/4/2003 10:48:21 PM
From: Sully-	Read Replies (2) \| Respond to of 65232

Worth watching...... 16:17 ET Intel narrows Q4 rev range to $8.5-8.7 bln (INTC) 33.54 +0.20: Reuters consensus is $8.55 bln, previous guidance called for revenues of $8.1-8.7 bln. Company sees Y03 R&D spending of $4.4 bln, previous expectation was $4.3 bln. Expenses are expected to be approximately $2.3 bln, at high end of previous expectation of $2.2-2.3 bln. 16:26 ET Intel to take charge (INTC) 33.54 +0.20: -- Update -- Company also announces it will take $600 mln, or $0.06 per share, Q4 goodwill impairment charge related to its Wireless Communications and Computing Group. 16:29 ET INTC falls 1pt or 3% in after hours trading : Note that Wedbush Morgan removed INTC from its Focus List yesterday on view that Intel (INTC) was less likely to provide upside because Wall Street analysts had moved their numbers higher going into today's mid-qtr update.