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 33.02-1.8%10:40 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Grandpa Joe who wrote (85550)7/14/1999 1:15:00 AM
From: Sudeep Bhoja  Read Replies (5) of 186894
 
Hello,

I listened to the conference call today and my overall opinion is
neutral. I am long this stock but less than enthusiastic about the
Q2 results.

As you all know revenues at $6.7B & EPS @0.51 is below estimates.
My notes from the conf call,

1) They took over market share in the Celeron segment.

2) Increased margins to 59% & guidance for the rest of the year
increased to 60% from 57%. Superb execution with falling ASP's.

3) Forecast strong second half but said Q3 will be only slightly
higher. I dont understand this given that Q3 is stronger than Q2.

4) PIII tripled in volume in current Q and will exceed PII next Q.
I think they also mentioned that it will exceed Celeron. Thats
really good news.

5) 4 way XEON systems will be out in Q3 after being delayed
for 1.5 Quarters. Sloppy execution here.

6) Merced has taped out. Will introduce the 820 chipset in the 3Q
that supports RDRAM or SDRAM.

7) Level One will dilute future EPS by 3 cents. Dialogic by 1 cent.
Too bad Intel is forced to get into these lower margin businesses.

In conclusion Intel's market is not what it used to be. However,
the company's management is superb and is able to deliver in rather tough times.

Any comments?

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News