SI
SI
discoversearch

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 : Advanced Micro Devices - Moderated (AMD)
AMD 215.00+0.7%Dec 22 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maui_dude who wrote (79542)5/6/2002 12:47:08 PM
From: tejekRead Replies (1) of 275872
 
Re: [Barrett said]"We're looking at a relatively flat second quarter."

I wonder that if that should be interpreted as not-so-bad news, if he mean 'flat' as compared to first quarter. (Given that the seasonal trend is - Q2 5-10% lower than Q1).

I think normally it would be considered okay news but with IT spending depressed for almost two years now, I think its not great news. Consumer spending has kept things from getting real bad for tech but I think its a pickup in IT spending that will get it out of its current trough.

In addition improving margins should help Intel a bit with their profits. Plus Flash might help both Intel and AMD.

I am not sure flash sales will pick up anytime soon. Production in cell phones just isn't there. Its like tech and tech products were a big fad in the late 90's and now people have moved on to something new.

You have to remember that the markets are supposed to predict economic conditions 6-9 mos. out. If so, then the Naz is not seeing a pick up anytime in 2002. In fact, talk is that the Naz will take out its 9/11 lows soon.......a number of large tech stocks in the Naz have already done so. That's something no expected as last as January of this year.

The DOW, on the other hand, is signaling that we should see some pick up in the industrial, oil and service sectors of the economy later this year.

ted
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News