Technology Industry
Industry: Email Alert RSS FeedIntel's stock slides on microprocessor news, lowered expectations.
RCR Wireless News, October, 2000 by MEYER, DAN
New wireless chip introduced amidst stock activity Intel Corp.'s stock rode a roller coaster early last week with its price falling sharply Monday on analyst concerns about depressed microprocessor prices, followed by a surge on Wednesday after the company reported third-quarter results that beat lowered expectations.
Monday's slide of $3.44 per share saw Intel's stock fall to $35.69 per share, just off its 52-week low of $32.50 per share, and more than half off its 52-week high of $75.81 set in late August. The Wednesday recovery was triggered by the company's third-quarter results showing net income before acquisition-related charges rising 52 percent to $2.9 billion, a return of 41 cents per share, compared with $1.9 billion, a return of 27...
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
