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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject9/6/2001 5:44:56 PM
From: besttrader   of 37746
 
Intel's comments here better than I thought -->

Intel (INTC) 26.10 -1.37: -- Update -- On call, mgmt says July and Aug were better than expected. This Q3 looks to be about the same as prior Q3's. And that's even with a price cut in Aug....stock at 26.50.

Intel (INTC) 26.10 -1.37: -- Update -- Opening comments were very brief, Q&A geting underway.

Intel (INTC) 26.10 -1.37: -- Update -- On conferenec call, company says microprocessors are seeing solid demand while flash and networking will be flat...gross margin was a bit lower than the mid-point of the range given in July because manufacturing spending have not declined as much as expected...so far nothing new from that in press release....stock at 26.67.
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