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To: Jim McMannis who wrote (60195)	7/14/1998 6:23:00 PM
From: Darren	Read Replies (2) \| Respond to of 186894

Conference Call (cont.) Q: Comment on Asia? Stablization? PC growth? A: Asia is looking independent. Japan actually grew. No full scale recovery. Asia-Pacific mixed, revenue flat. All time record quarter in China? Q: Scott, SDVW. Inventory Management vs. Supply Management. A: Significant improvement in inventory process, no specific rates. Q: Steve, WASS. Celeron had record ramp? Reconcile? Market share? Where are you losing? A: Celeron replaces Pentium Pro. Guidance last quarter. Displacement of existing with new product. Market share? Losing, by definition, all levels. At lower end of range. Celeron will achieve a nice position in terms of market share. Q: Chad, NEED. DEC acuisition? Costs capitalized? A: Operating expenses to P&L. Q: Headcount; 66,700? A: Q1 did not add in C&T headcount. Q: Bob. Why spending on share repurchases as on capital spending? A: DEC = $600m. Share buyback agreed to by Board, to keep share count even. Rate exceeds options. Capital would be $1.6b in 2Q. Q: Joe, GSCO. Mendicino, September release? A: Newer versions of Celeron, including Mendicino...2 half product. No newer information. Q: Will continue to sell Covington as well? A: Looking for price points. Q: Mark, MSCO. Manufacturing? Idea on % of processors were on quarter micron? What % at .35? A: % of output (Celeron .25). Higher (0.25). Still shipping some .35 versions of Pentium II 266, 233, albiet declining. All (0.25 now). [Analysts are trying to milk product mix market share out of them. INTC not budging.] Q: Greg, WARR. Revenue vs Expense control? Revenues; down 2% industrywide. Beat it? Highlight expense controls? Prosepects for layoffs beyond statements? A: Revenues of 2nd half will be above 1st half of year. Expense controls won't change. Layoffs, getting down 3,000 through attrition. Possible...but program has not changed. Q: 0.18 micron in first half of 1999? Time frame? When do we expect volume production? A: Can't offer specifics. 2Q, 32-bit product. Not ready to announce products. In volume 3Q. Q: Celeron next quarter? Gross margins? A: No specific guidance for next quarter. Celeron replaces many low end price points held by MMX, Pro. Target market met. Mendicino, more silicon, other efficiencies. Same margins. Q: Capital expenditures? Spend more next year on 0.18? A: Reduction in capital using 0.18 helps technically. Buy equipment late in year. Ramp 0.18 next year, don't need as much 0.25. Q: Shuck. PIPR. Timeline for Pentium II in notebooks? Celeron? A: Shorter timeline. Ebb and tide impact. Certain technologies are good for notebooks, these work. Celeron; watch this space. No new information. Healthy market share. Q: Randy, BEST. Xeon, how will mix emerge in one year? Quantify? A: Number of segments in marketplace. We are tailoring products for every segment. A: Homes, PRUD. A: P6 products go into slot 1, over half of shipments are P6 based. Growing faster. In 1999, all products take advantage of socket 7. 80-90% of desktops will be P6 based. Conclusion of Questions. Playback available at 5:00 PDT.