Thursday, December 08, 2005
MSN Money Intel narrows revenue outlook
SAN FRANCISCO (Reuters) - Intel Corp. on Thursday set a sales target slightly below the Wall Street average, sending shares lower as the world's largest chip maker dashed some hopes raised by more bullish rivals.
Intel, which makes the microprocessors found in nearly 90 percent of personal computers worldwide, said it now expects revenue of $10.4 billion to $10.6 billion, in the middle of its previous range of $10.2 billion to $10.8 billion.
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Intel, which makes the microprocessors found in nearly 90 percent of personal computers worldwide, said it now expects revenue of $10.4 billion to $10.6 billion, in the middle of its previous range of $10.2 billion to $10.8 billion.
Click here to read article.
Click here to go to www.shepwave.com for Objective Elliott Wave Theory analysis.
