Intel 1999 Annual Report Download - page 62

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The company is currently party to various legal proceedings. Although litigation is subject to inherent uncertainties, management, including
internal counsel, does not believe that the ultimate outcome of these legal proceedings will have a material adverse effect on the company's
financial position or overall trends in results of operations. However, were an unfavorable ruling to occur in any specific period, there exists the
possibility of a material adverse impact on the results of operations of that period. Management believes, given the company's current liquidity
and cash and investment balances, that even an adverse judgment would not have a material impact on cash and investments or liquidity.
The company's future results of operations and the other forward-looking statements contained in this outlook--in particular the statements
regarding expected product introductions, expectations regarding additional acquisitions, intentions regarding building new service businesses
around the Internet, the number of computers using Intel processors, gross margin and cost savings, capital spending, depreciation and
amortization, research and development, marketing and general and administrative expenses, the tax rate, the conversion to the Euro, the year
2000 issue and pending legal proceedings--involve a number of risks and uncertainties. In addition to the factors discussed above, among the
other factors that could cause actual results to differ materially are the following: changes in end user demand due to usage of the Internet;
changes in customer order patterns; competitive factors such as rival chip architectures and manufacturing technologies, competing software-
compatible microprocessors and acceptance of new products in specific market segments; pricing pressures; development and timing of the
introduction of compelling software applications; execution of the manufacturing ramp, including the transition to the 0.18-micron process
technology; the ability to grow new networking, communications, wireless and other Internet-related businesses and successfully integrate and
operate any acquired businesses; unanticipated costs or other adverse effects associated with processors and other products containing errata
(deviations from published specifications); impact on the company's business by year 2000 problems and claims; and litigation involving
antitrust, intellectual property, consumer and other issues.
Intel believes that it has the product offerings, facilities, personnel, and competitive and financial resources for continued business success, but
future revenues, costs, margins and profits are all influenced by a number of factors, including those discussed above, all of which are
inherently difficult to forecast.
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