Thursday, April 20, 2006 - Intel Net Sinks, Weak Outlook Reflects Challenges

"Intel Corp. reported a 38% drop in first-quarter profit and predicted continued weak demand for its computer chips in the current period.

The semiconductor giant's gloomy outlook wasn't much of a surprise, and Intel's stock rose slightly in after-hours trading. But analysts remain divided on whether the company will mount a meaningful comeback in the second half."

Well, thank goodness for those new Apple computer then huh?

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