Ned38 Posted December 4, 2003 Report Share Posted December 4, 2003 Uh oh Link to comment Share on other sites More sharing options...
soup Posted December 4, 2003 Report Share Posted December 4, 2003 maybe someone found that spot in china where the 10 trillion in chips are parked Link to comment Share on other sites More sharing options...
DrStool Posted December 4, 2003 Report Share Posted December 4, 2003 oh yeah- at the top and bottom of the page. Link to comment Share on other sites More sharing options...
Tchaikofsky Posted December 4, 2003 Report Share Posted December 4, 2003 Press Release Source: Intel Corporation   Intel Updates Fourth-Quarter Business Expectations Thursday December 4, 4:15 pm ET Company Narrows Revenue Range to $8.5 Billion to $8.7 Billion; Goodwill Impairment Charge of Approximately $600 Million Likely in the Fourth Quarter   SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 4, 2003-- Intel Corporation today provided a scheduled update to the company's Business Outlook for the fourth quarter, which ends Dec. 27. Intel expects revenue to be between $8.5 billion and $8.7 billion, as compared to the previous range of $8.1 billion to $8.7 billion. The gross margin percentage is expected to be 62 percent, plus or minus a point, as compared to the previous expectation of 60 percent, plus or minus a couple of points. The company's Intel Architecture business is experiencing solid seasonal growth while demand for communications products remains on track with the company's expectations for the quarter. Link to comment Share on other sites More sharing options...
soup Posted December 4, 2003 Report Share Posted December 4, 2003 WTF is a goodwill impairment charge? I think they should comment on channel stuffing and how amd is going to eat their lunch? Link to comment Share on other sites More sharing options...
Guest jrmfl Posted December 4, 2003 Report Share Posted December 4, 2003 whoo hoo! jrmfl<<<<<<<<<<<<<hugs his semi kinkomatic shorts! Link to comment Share on other sites More sharing options...
DrStool Posted December 4, 2003 Report Share Posted December 4, 2003 Link to comment Share on other sites More sharing options...
soup Posted December 4, 2003 Report Share Posted December 4, 2003 everyone seems so obsessed with put buying ; take a gander at todays volume in intc front month calls, then check out the o.i. Link to comment Share on other sites More sharing options...
DrStool Posted December 4, 2003 Report Share Posted December 4, 2003 What ingawdsname did Andy say? Link to comment Share on other sites More sharing options...
soup Posted December 4, 2003 Report Share Posted December 4, 2003 doc: Perhaps he discussed that massive channel stuffing, and the large,looming threat amd poses? Link to comment Share on other sites More sharing options...
BeerMarket Posted December 4, 2003 Report Share Posted December 4, 2003 I thought wireless comm was supposed to be providing the upside this Q - instead it's the reason for the charge. But Crapvision shill says it's the sale of flash into wireless that's the problem - they "guessed wrong". The press release makes no mention of that: it's a one time charge... Intel anticipates taking a fourth-quarter goodwill impairment charge related to the Wireless Communications and Computing Group (WCCG). The long-term growth expectations for this business are no longer projected to be as high as previously expected. The impairment charge is likely to be approximately $600 million. The amount of the charge will be reported in the company's fourth-quarter earnings release following completion of the valuation analysis required under accounting rules. Link to comment Share on other sites More sharing options...
Tchaikofsky Posted December 4, 2003 Report Share Posted December 4, 2003 What ingawdsname did Andy say? Nothing yet. Conference call at 5:30 according to headlines: Q4'03 Mid-Quarter Business Update and Conference Call Scheduled to start Thu, Dec 4, 2003, 5:30 pm Eastern  Think that $600 million charge might have a few folks "concerned"? Link to comment Share on other sites More sharing options...
The End Posted December 4, 2003 Report Share Posted December 4, 2003 What ingawdsname did Andy say? If you mean Andy Grove. He is no longer Chairman. Hasn't been for years. Â If you did not mean him... my bad. Â My smilies don't work. No I'm not doing the fast reply. Â I have a friggin' virus. Link to comment Share on other sites More sharing options...
Grand Poopercycle Posted December 4, 2003 Report Share Posted December 4, 2003 Soup, INTC won't comment on such things unless they're ASKED on the call-odds are slim there and THAT'S the real scam; Spitzer and his '$1.4 billion research settlement' are paper tigers. But, such is life at present and raging about does no good, unless ya sell hypertension medication. Link to comment Share on other sites More sharing options...
BeerMarket Posted December 4, 2003 Report Share Posted December 4, 2003 even Joe K questioning the one time charge, asking aren't they just saying business didn't go according to plan, so in other words they missed by maybe up to .06 Link to comment Share on other sites More sharing options...
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