RE: "Is the answer:"
Thread, I'm adding one more item to my post #97686
4. forbes.com CEO Michael Capellas said in a conference call: "The first quarter will start out a little bit slow. We expect revenue to decline quarter-to-quarter due to seasonality and...be backloaded due to the release of Windows 2000."
Other PC-makers, like Gateway (nyse: GTW) and Hewlett Packard (nyse: HWP), are also suggesting sluggish sales in the first quarter. All in all, bad signs for Intel (nasdaq: INTC), a key chip supplier to the PC market.
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Issues could be:
- Y2K binge is over
- seasonality
- corporpate buyers could be waiting for W2K
And, while Q1 could be a bit soft for manufacturers (Y2K, seasonality, maybe pricing, people are waiting for W2K), for whatever reason Intel's CC guidance indicates Q1 will be strong (maybe Intel has the right product mix for Q1 EPS). I believe Intel's CC. But even if there is a Q1 hiccup for INTC (i.e. contrary to CC guidance), the long-term for INTC is good.
Translated: Q1 could be an issue, but W2K could fuel demand. i.e. Buy now (Q1) while it's cheap...
So, I might pick up a few INTC (long) leaps (or, in this case, maybe C/S might be the better route).
Amy J |
