Zeev's Turnips - No Politics Message Board

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

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To: Steve Lee who wrote (51841)	4/16/2002 4:37:55 PM
From: pompsander	Read Replies (1) of 99280

Intel current statement of revenue right in the middle of the estimate for next quarter is smart move. They have a mid-quarter conference on June 6, at which point they will guide up or down (probably up, I bet). Street delighted with mid-point estimate at this time, with improving margins. Seasonality in play here, as well. Assumption is if INTC hangs on through second quarter, back to school and economic recovery will fuel third quarter. We will see. Nothing to scare the shorts out, but nothing to discourage the bull either. The call will be interesting.

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