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wstera2

07/16/02 4:33 PM

#4053 RE: Patrick Bateman #4052

16:28 ET Intel (INTC) 18.36 -0.76: -- Update - Revenues fell 0.2% year/year to $6.32 bln vs the $6.34 bln consensus. Capital spending for 2002 is expected to be between $5.0 billion and $5.2 billion, lower than the previous expectation of $5.5 billion. Revenue in the third quarter is expected to be between $6.3 billion and $6.9 billion (consensus $6.71 bln). Still working on EPS figure. The 7 cent headline included a charge and does not appear to be comparable to the 11 cent consensus.