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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Maverick who wrote (39354)	10/14/1998 10:39:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 1571957

Maverick - Intel Corp. (Nasdaq:INTC - news) said that its biggest challenge in the fourth quarter is meeting demand for its products, which it is barely meeting at the beginning of the quarter. ''We are just barely meeting demand in the first half of the fourth quarter,'' Paul Otellini, Intel executive vice president and general manager of the Intel architecture group. Intel said that the current demand is even stronger than it had forecast. You can read the whole article hear, Brett-or-Bart: Paul {======================================} biz.yahoo.com Tuesday October 13, 11:01 pm Eastern Time RPT-Intel says meeting current demand a challenge PALO ALTO, Calif., Oct 13 (Reuters) - Intel Corp. (Nasdaq:INTC - news) said that its biggest challenge in the fourth quarter is meeting demand for its products, which it is barely meeting at the beginning of the quarter. ''We are just barely meeting demand in the first half of the fourth quarter,'' Paul Otellini, Intel executive vice president and general manager of the Intel architecture group. Intel said that the current demand is even stronger than it had forecast. Intel also told analysts on a conference call that its gross margins for the year will likely be in the range of 52 percent of revenues, plus or minus a few points. ''We expect to meet previous guidance of 52 percent gross margins, plus or minus a few points,'' chief financial officer Andy Bryant told analysts. The world's largest chip maker released third quarter earnings that were better than Wall Street expectations, but some analysts were disappointed by Intel's forecast for fourth quarter revenues that are expected to be ''up slightly'' from third quarter. ''The biggest challenge we face is being able to produce enough parts to meet our customers needs,'' Bryant said. Intel said that it saw strength across the board in all its products and that it was constrained across all products in the third quarter, including some mobile processors. Intel also said its new Celeron processor, for the lower-cost PC market, is now the second biggest selling processor in the world, after only two quarters on the market. The executives also said Intel's average selling prices had remained flat in the past five quarters, due in part to the success of its product segmentation strategy. For example, sales of its higher-cost Xeon processors for servers and workstations offset the lower priced Celeron chips, resulting in a steady average selling price.

To: Maverick who wrote (39354)	10/14/1998 10:49:00 PM
From: Paul Engel	Respond to of 1571957

Maverick - Quick - What can you do with $1,559,000,000 ? Answer - Ask Intel - they just earned that much in PROFITS ! You can read all about Intel's spectacular quarter right below here. Paul {================================} Intel bests earnings estimates By Dawn Kawamoto Staff Writer, CNET News.com October 13, 1998, 5 p.m. PT URL: news.com update Intel today leapt past Wall Street estimates for its third-quarter earnings, driven by a healthy pace for worldwide PC sales. In looking at the coming fourth quarter, several analysts remain bullish on the company. Intel executives said they expect fourth-quarter revenue to rise slightly above those posted for the most recent quarter, but some analysts suspect the chip giant may be conservative with its forecast. "I think they were sandbagging a bit. They exited the quarter with such a huge momentum trend line that I think their estimate was conservative," said Charles Boucher, an analyst with Donaldson, Lufkin & Jenrette. He added that analysts likely will be raising their Intel earnings estimates tomorrow, giving some bounce to the stock. "Intel's stock has not been trading at a valuation that reflects its growth level," he said. David Wu, an analyst with ABN AMRO said computer makers that purchase Intel's chips continue to report that their distribution channels are pretty lean--hence demand for chips will likely continue. He said the market would not be flooded as a result. Indeed. "The biggest challenge we're facing as this quarter begins is being able to produce enough parts to meet our customers needs," Intel chief financial officer Andy Bryant said in a conference call. The chip giant's revenues reached a record $6.7 billion for the quarter, a 9 percent increase over year-ago figures. Last month, Intel announced that its revised revenue outlook for the third quarter would be 8 to 10 percent higher sequentially, compared with its previous predication that numbers would remain flat. Intel isn't the only one riding the wave of strong PC sales. Advanced Micro Devices also reported better than expected third quarter results and record revenues earlier this month. Intel posted net profits of $1.6 billion, or 89 cents a share, for the quarter, basically the same as figures of a year ago. Analysts had expected the chipmaker to post earnings of 80 cents a share, according to First Call. "We are pleased with our overall performance in the last quarter," said Craig R. Barrett, president and chief executive officer, in a statement. "We had growth across nearly all of our geographies and product lines, including strong microprocessor sales. In the third quarter, the PC industry recovered from its inventory problems and is benefiting from strong seasonal demand." Unit shipments of microprocessor, chipset, motherboard, flash memory and Fast Ethernet connections, hubs and switches were up in the third quarter compared with the previous quarter. But shipments of embedded processor and microcontroller units were down sequentially. Intel executives said sales of its new Pentium II Xeon processors were strong, as were sales of its Celeron processors 333 MHz and 300 MHz. While some analysts expected Intel to perform even better than last month's upwardly revised estimates, Intel managed to blow past even the highest estimates. Ashok Kumar, an analyst with Piper Jaffray, had pegged earnings at 84 cents per share prior to the earnings release today. Intel is an investor in CNET: The Computer Network, publisher of News.com.

To: Maverick who wrote (39354)	10/14/1998 11:03:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 1571957

Maverick - Sharpy's SLIPPING, Sharpy's SLIPPING What is going on at AMD, Mav' ol' buddy? Cherry Sanders promised us all a Sharptooth in 1998 ! According to this article, AMD has SLIPPED THE SHarpy schedule into next year? Can you get some Inside Information to tell us why this schedule has slipped so much? I mean, like WOW, Maverick - this slippage is as bad as the 6 month Merced slippage - but the Merced is a whole new Architecture? How could AMD have dropped the ball on a chip that simply bolts a 256K cache onto the K6-2" Tell me how they did this, Maverick! Like, WOW - even Intel's DIXON has been shipping to selected customers for over a month now, Maverick, and it also has 256K cache bolted onto a Pentium II. Paul {==============================} zdnet.com The chip, known as Sharptooth, will debut early next year, Meyer said. It will have 256KB of on-chip Level 2 cache. Earlier road maps had shown the processor shipping late this year.