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

To: Saturn V who wrote (178591)	7/13/2004 5:54:51 PM
From: Elmer Phud	Read Replies (2) \| Respond to of 186894

Saturn IMHO this was a black eye for Intel process engineers. Due to an out of control chip process, the chipsets had to be recalled, and the rollout of the next generation of chip technology has ben delayed. I don't think so. The question is why wasn't this caught at test? The quick fix strongly suggests a new screen because there wasn't enough time for anything else. Test hole.

To: Saturn V who wrote (178591)	7/13/2004 5:56:12 PM
From: Amy J	Respond to of 186894

Saturn and Thread, Intel Second-Quarter Revenue $8.05 Billion Tuesday July 13, 4:15 pm ET Earnings Per Share 27 Cents SANTA CLARA, Calif.--(BUSINESS WIRE)--July 13, 2004--Intel Corporation today announced second-quarter revenue of $8.05 billion, approximately flat sequentially and up 18 percent year-over-year. Second-quarter net income was $1.8 billion, flat sequentially and up 96 percent year-over-year. Earnings per share were 27 cents, up 4 percent sequentially and up 93 percent from 14 cents in the second quarter of 2003. Revenue in the third quarter is expected to be between $8.6 billion and $9.2 billion. Gross margin percentage in the third quarter is expected to be approximately 60 percent, Inventory levels grew by approximately $427 million during the quarter, with approximately half of the increase coming from microprocessor inventories, and the balance primarily from flash memory and chipset inventories. biz.yahoo.com Intel (INTC:Nasdaq - commentary - research) matched Wall Street's expectations for the second quarter, but offered a mixed near-term outlook. The chip giant said it now expects profit levels to be lower than initially expected for the year Sales grew 18% to $8.05 billion, a hair below the consensus number for $8.10 billion. Gross margins totaled 59.4% for the June quarter, below Intel's guidance for margins of 60% to 61%. The shortfall was due to a $38 million charge to recall Intel's Grantsdale chipset thestreet.com Regards, Amy J