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To: Fred Levine who wrote (27077)12/3/2004 10:17:29 AM
From: Sam Citron  Respond to of 60323
 
Hi Fred,

Very hard for me to interpret the INTC positive update:

(1) Is uptick due merely to their usual early conservative guidance?

(2) Or to normal seasonal pickup pattern?

(3) Or to unusually weak dollar spurring sales in Europe, Asia, Latin America?

I didn't hear anything on the call of geographic specificity so as to begin to test #3.

Sam