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 37.910.0%2:32 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Process Boy who wrote (83054)6/8/1999 8:55:00 AM
From: VICTORIA GATE, MD  Read Replies (2) of 186894
 
Piper Jaffray's Kumar Talks on Compaq, Intel: Analyst Comment


Minneapolis, June 8 (Bloomberg) -- U.S. Bancorp Piper Jaffray analyst Ashok Kumar talks about Compaq Computer Corp., Intel Corp. and Conexant Systems Inc. Kumar spoke with financial news network CNBC. ''Compaq is up 45 percent year-to-date, the consensus estimate for the June quarter is about 22 cents, and we think that's too positive. There is a chance they could post an operating loss for the quarter, and there could be another disappointing quarter ahead.'' ''Intel, for the June quarter, is on track. We're looking at a 3 percent to 4 percent revenue drop. If you look at it from a product-cost perspective, the Celeron line should stabilize at about 35 percent of the company's products.'' ''Conexant's growth segment represents about 50 percent of its revenues, it should expand to about two-thirds. We think that while the stock trades at a rich valuation, it's one of the best places to put money in the semiconductor space.''
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext