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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: AugustWest who wrote (757)	8/6/2001 10:12:46 AM
From: Stoctrash	Read Replies (1) of 1063

Ok...who's surprised?? INTC worried?...surely when they chop another 50% off their ASP's people will buy 3x more...right?? LOLOLO!! Goodnight Insmell. <07:21 ET Intel (INTC) 31.68: Salomon Smith Barney is trimming estimates... firm reduces Q3 to $0.08 from $0.11, 2001 to $0.47 from $0.54, and 2002 to $0.70 from $0.75... current consensus estimates for the respective periods are $0.10, $0.51, and $0.70... for the Q3 period, firm also reducing rev. est. to $6.24 bln from $6.64 bln (consensus $6.4 bln).>

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