All, I just heard the CC. IMO, a typical Intel CC: optimistically cautious, with little visibilty. A lot of it was due to the fact that Q3 is heavily back-loaded, and that many OEMs are changing their chip ordering business model. A major plus that I took away was that most of the inventory write-off for old Pentiums occured in Q2, and most of the problems with product transitioning should be out of the way. Of course, the fact that Intel said demand for PII and MMX was very strong should be the major positive.
However, I get a sense that neither the earnings report nor the CC will change many anal-ysts opinions. Those bullish will remain so (or become more so), while those cautious will remain so (citing poor visibilty, price cuts, etc).
I think we'll be up initially tomorrow morning at least, but after that I'm not sure. I would be a MAJOR BUYER if there are any pullbacks. All OEMs, industry forecasts, etc. are calling for good growth the rest of the year. Intel 100+ by year-end looks very good.
any other impressions from the CC?
joey
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