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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: BelowTheCrowd who wrote (170653)9/6/2002 7:08:52 AM
From: Road Walker  Read Replies (1) of 186894
 
MG,

re: In truth, my big worry is the stuff they didn't say. They avoided talking about seasonality and gave no clue about Q4. I'm worried that they might release earnings in line with the reduced estimate for Q3 then guide down Q4 even more agressively. Obviously, not firm information from the CC to suggest this, but the fact that they kept it short and avoided talking about it too much does not give me the warm fuzzies.

This is the mid-quarter update, and that's all they talk about. It would be unusual for them to depart from that script.

As to the 4th quarter, nobody knows. Barrett admitted he didn't know. It's like trying to predict the weather on a particular day two weeks out, too many variables to do more than guess.

John
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