Intel Corporation (INTC) Message Board

STOCKTALK

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 : Intel Corporation (INTC)

INTC 41.41

+2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (170195)	8/27/2002 7:32:03 PM
From: L. Adam Latham	Read Replies (1) of 186894

John: Barrett expected "modest growth in the third quarter over the second quarter." In the Q2 earnings report, Intel predicted Q3 revenues of $6.3B to $6.9B, while Q2 revenues were $6.3B. So the question is what is "modest" growth? Intel's usual "speak" is "flat" (meaning 0% +/- 1 or 2%), "up/down slightly" (meaning ~2.5%), or "up/down" (meaning ~5% or higher). If it's 5%, then they'll be near the mid-point of their guidance, which isn't too bad in this environment, and is much better than having to issue a downward mid-quarter revision for revenues. If "modest" equates to "up slightly" it would put them in the lower portion of revenue guidance, but still avoids a downward revision. Adam

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next