Intel Corporation (INTC) Message Board

STOCKTALK

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 48.95

+0.3%

2:46 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Engel who wrote (1901)	6/21/1996 10:32:00 AM
From: Jules B. Garfunkel	of 186894

Paul, It should be pointed out that like Quantum Inc. A major customer of Sierra Semiconductor,(SERA), was Apple. While I do not know what percentage of Sierra's business is with Apple now, and I do know that SERA has been cutting back on its dependence on Apple by providing more communications oriented products, it could explain SERA's expected shortfall in Q2 earnings. As with Quantum, SERA also states that the earnings shortfall will be due to a decrease in anticipated PC demand. And also like last week, the "Street" seems to take this statement as a reflection of the overall PC market condition. As of this moment INTC is trading down 1/4. However, I interpret SERA's warning as just one more sign that Intel continues to pick up market share from Apple. Jules

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next