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Technology Stocks : Spansion Inc. -- Ignore unavailable to you. Want to Upgrade?

To: NicoV who wrote (3028)	1/15/2008 4:24:01 PM
From: TechieGuy-alt	Respond to of 4590

INTC headline says, to close this Q. TG

To: NicoV who wrote (3028)	1/15/2008 4:28:48 PM
From: BUGGI-WO	Read Replies (2) \| Respond to of 4590

edited 2.: Intel Restructuring and asset impairment charges of $234 million were higher than the previous forecast of $130 million due to an impairment of NOR flash assets related to the proposed Numonyx transaction. edit: Total flash units were flat. (I assume NAND+NOR, NAND up, NOR down) Intel’s Business Outlook for the full year reflects the expectation that the Numonyx transaction will close during the first quarter. (I hope so) Intel is in the midst of a structure and efficiency program that is resulting in several actions that could have an impact on expected expense levels and gross margin. Intel is also in the midst of forming Numonyx, a private, independent semiconductor company, together with STMicroelectronics N.V. and Francisco Partners L.P. A change in the financial performance of the contributed businesses could have a negative impact on our financial statements. Intel’s equity proportion of the new company’s results will be reflected on its financial statements below operating income and with a one quarter lag. The results could have a negative impact on Intel’s overall financial results. edit2: In the fourth quarter of 2007, we made organizational changes that resulted in the formation of the NAND Products Group operating segment, which includes the NAND flash memory business that was previously included in the Flash Memory Group operating segment. The Flash Memory Group primarily includes sales of NOR flash memory products. The NAND Products Group and Flash Memory Group operating segments are included within the “all other” category. (Net revenue 866 ; Operating loss (771 ) - lol) BUGGI