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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST
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To: miraje who wrote (165824)6/6/2002 3:28:41 PM
From: L. Adam Latham  Read Replies (2) of 186894
 
ML is trying to cover all the bases before today's mid-quarter update. They lowered their revenue estimate, but reaffirmed their margin guidance. If Intel lowers revenue guidance, then ML can say "See, I told ya so!" If Intel gives a positive outlook, ML can say "See, we told ya margins were going to stay good!" All of us should be use to this by now.

Adam
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