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 35.53

-1.1%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: puborectalis who wrote (109892)	9/13/2000 11:33:51 PM
From: Paul Engel	Read Replies (1) of 186894

Stephen - re: "Whittington gets a change of heart since 9/8 " A change of heart ? That was a 180 degree REVERSAL ! "From the best I can tell, Intel is having as strong a [current] quarter as advertised," says Rick Whittington, an analyst at Banc of America Securities based in San Francisco. "I don’t think there is any weakness in Asia, other than their inability to get enough product to customers." Whittington notes that Intel executives have admitted they underestimated demand for their microprocessors over the past nine months, which led to shortages in supplies for some Asian companies that build finished systems. But Whittington says that too much demand is actually a pretty good problem, all things considered. He continues to rate the stock "strong buy" and says he sees it going back up to the $75 12-month price target he set earlier this year. "Intel has been scrambling to add capacity, and we’re starting to see that bear out with steadily improving conditions," Whittingon adds. Whittington scoffs at the idea that Intel won’t be able to find the new markets needed to sustain historic growth levels."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next