Intel Corporation (INTC) Message Board

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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: Tenchusatsu who wrote (165839)	6/6/2002 4:40:19 PM
From: GVTucker	Read Replies (1) of 186894

Tenchusatsu, RE: So because Osha has a "lack of visibility" into the PC market, Intel deserves a downgrade. By the way, I'm lowering America's chances of winning the World Cup because I have a "lack of visibility" into how good the players are. ;-) There are many good reasons to criticize Osha. I don't think this is one of them. A lack of visibility means that there is a greater degree of uncertainty regarding earnings for the rest of the year. Greater uncertainty means that you need a lower stock price, since the earnings need to be discounted at a greater rate to take into account this uncertainty. Lack of visibility, when this wasn't perceived before, is a perfectly good reason to downgrade a stock. And after the USA's win against Portugal, I would think that visibility is better looking forward. Brian McBribe performed much better than expected against a heretofore great defense.

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