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

To: matt dillabough who wrote (183625)3/3/2006 9:13:38 AM
From: matt dillabough  Respond to of 186894
 
INTC Intel reduces Q1 revenue guidance on weaker than expected demand, slight market share loss (20.49 )

Co issues downside guidance for Q1 (Mar), sees revs of $8.7-9.1 bln, down from previous guidance of $9.1-9.7 bln vs. $9.39 bln Reuters Estimates consensus. Co says guidance is "primarily due to weaker than expected demand and a slight market segment share loss. The company expects the first-quarter gross margin percentage to be adversely impacted by the change in revenue. Expenses (R&D plus MG&A) are expected to be lower than previously forecast due to lower revenue- and profit-related spending".



To: matt dillabough who wrote (183625)3/3/2006 9:18:14 AM
From: Proud_Infidel  Respond to of 186894
 
I thought this was the precise reason INTC has been drifting lower the past few weeks.....so after it is baked intot he pie, they want to bake some more in?


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