Windfall tech profits get blown away

Article Abstract:

Much of Intel Corp.'s profit did not come from its core business, microprocessors, but from selling its securities in other companies such as Micron and Red Hat while those investments were attractive in the market. Similarly, Cisco's sale of GlobeSpan and Akamai Technologies shares and the sale by Oracle of Liberate Technologies shares helped boost profits but now that those shares have fallen, there are no more profits to report.

Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Prepackaged software, Software Publishers, Sales, profits & dividends, Data Communications Equip, Systems Software Pkgs, Computer network equipment industry, Network hardware industry, Computer software industry, Software industry, Software, Data communications equipment, Cisco Systems Inc., CSCO, Red Hat Inc., Semiconductors, Micron Business Products Inc., RHAT

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Kodak refocuses Net sales effort

Article Abstract:

Kodak hired Ted Lewis of Salinas, California as a Senior Vice President for digital business development. Kodak has also signed an alliance with Lexmark International Inc. for photo-printers to be given away to its digital product customers and entered into an alliance with Intel Corp. for a compact disc that stores photos

Strategy & planning, Computer peripheral equipment, not elsewhere classified, Other Computer Peripheral Equipment Manufacturing, Computer Input-Output Eqp NEC, Contracts, Appointments, resignations and dismissals, Computer peripherals industry, LXK, Printers (Equipment), Lewis, Ted, Lexmark International Inc.

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U.S. earnings warnings rise

Article Abstract:

IBES International Inc. reported that more U.S. companies, including Intel Corp., Dell computer Corp., Apple Compouter Inc., Eastman Kodak Co., Xerox Corp. and Lucent Technologies Inc., were making negative preannouncements in the third than in previous quarters of 2000. This has prompted investors to dump shares.

Electronic computers, Electronic Computer Manufacturing, Photocopy Equipment, Computers & Auxiliary Equip, Forecasts, trends, outlooks, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Securities issued, listed, Computer industry, Office equipment and supplies industry, Office equipment industry, Xerox Corp., XRX, Prices and rates, Reports, Telecommunications equipment industry, Telecommunications systems, Lucent Technologies Inc., Securities, Surveys, Apple Computer Inc., AAPL, Securities industry, LU, Dell Inc., DELL, Observations, Earnings per share, IBES International Inc.

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