Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Road Walker who wrote (125040)	1/16/2001 4:38:52 PM
From: tejek	Read Replies (3) of 186894

The guidance should make Mary happy: Current negative trends in global economic conditions make it particularly difficult at present to predict product demand and other related matters. John, Why would that guidance make her happy....its not good at all? Given all the gloom and doom, I was surprised that revenues were up 6% sequentially this quarter; I was expecting them to be flat. Re. the forward guidance, what bothers me most is GMs of 58%, + or - a few pts. Intel hasn't seen GMs that low for at least a couple of years. They would indicate soft demand coupled with heightened competition with AMD. I guess how they present in the CC is critical. The stock is holding up in AH. Any thoughts on how the markets will react tomorrow? ted

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