SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas M. who wrote (64498)9/11/1998 3:18:00 PM
From: Joey Smith   of 186894
 
re:Wall Street, however, is focusing on the positive,
and is choosing to ignore why third-quarter
revenues and earnings will be higher than
expected. During the second quarter, indirect
corporate PC suppliers, such as Compaq and
Hewlett-Packard, worked hard to clear their
channels and inventories--while on the retail end,
consumers postponed their purchases until late
June to coincide with the launch of the new
Windows 98 operating system.

Funny how these Bears didn't mention the temporary and transitional effect the inventory correction would have on Intel revenue during Q4-Q2 when Intel shares were getting killed...but now they use it as a reason why Intel sales are so strong...Good to see that the market isn't buying this BS.

joey

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News