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To: Joe NYC who wrote (195472)4/28/2006 8:32:27 AM
From: DRBESRespond to of 275872
 
just like otellMElini...who is our friend



To: Joe NYC who wrote (195472)4/28/2006 8:50:35 AM
From: cruzbayRead Replies (1) | Respond to of 275872
 
"Mr. Otellini promised to look at "anything with a bracket on it" -- a reference to the practice of putting parentheses around numbers in income statements to indicate a loss. In the first quarter, that category included a unit that makes chips known as flash memory, which are used to store data in portable gadgets such as cellphones. That business, which is subject to stiff price competition, had an operating loss that widened to $104 million from $32 million in the year-earlier period.

Intel's income statement also includes an "all other" category, for which the operating loss rose to $708 million from $450 million over the same period. That category includes results from Intel's new Digital Home group, which is promoting chips for a new style of entertainment PCs under the logo Viiv. It also includes a Digital Health unit -- focused on sales to the health-care market -- as well as other new start-up businesses.

Mr. Otellini said the home and health units remain promising, and are both on track to deliver $1 billion in revenue in the first year of their product launches. He also pledged support for a new brand, vPro, for chips for desktop computers. Apjit Walia, an analyst at RBC Capital markets, speculated that Intel might choose to focus on cutting products in the communications area, a field where the company has had limited success after years of effort"

Is flash still in communications? What remains in "other" if Home and Health are off the table? In short, what will get the axe?