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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: XBrit who wrote (37159)3/4/2002 6:40:35 PM
From: 1podstock  Read Replies (1) of 99280
 
Julius..here's what INTC will say on Thurs night:

"...the bottom's in. Orders picking up. We see uptick in sales. Our margins are improving. We've gained market share....."

same ol' crap they've been talking about since all 2001.

Does anyone seriously expect INTC to talk down their business? At a time when signs do point to some economic recovery?

Does anyone expect bad news from INTC **NOW** when they've been lying all of 2001?

it's gonna be a party Thurs AH and Friday, led by CFO Bryant and CEO Barrett.

When you think about it. 2001 was a year when practically every company lied. Any conferences they have in 2002 can be only better than 2001.

So if you have to guess, you have to say that ALL conference calls from ALL companies will give better prospects for 2002.

If you've been lying for an entire 2001, and you get away with it, why stop in 2002?

Look at Larry Ellison....continually made promises of ORCL doing this and that; yet they kept warning for 2001. Then in early Jan 2002, Ellison talked up his company getting up to 50% growth margins in a recovery economy. Well, ORCL just warned last Friday...on a day when ISM showed that economy was on recovery path. He lied in 2001. He's lying in 2002....what's new?

Chambers is the same way.
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