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

To: gnuman who wrote (37248)	10/22/1997 10:59:00 AM
From: Darin	Respond to of 186894

To All, Lehman Bros has a new report on INTC which can be viewed with the Acrobat viewer and downloaded at: lehman.com D.

To: gnuman who wrote (37248)	10/22/1997 2:02:00 PM
From: John Hull	Read Replies (1) \| Respond to of 186894

Gene, re: "Also, it's normal practice in the semi industry that revenues are only recognized on "sales out" of disti." Be careful here Gene. Each company is free to address the revenue recognition issue with distis based on their own discretion, as long as they're consistent. In my former life, I was a disti salesman and my firm carried 100+ franchised lines. There was a mix of approaches to revenue among them. Intel, of course, only records the revenue when the disti sells it out. Before that, we reserve the revenue on our books. Regards, John Hull Intel Corp.