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 47.57

-1.6%

2:04 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elmer Phud who wrote (177407)	4/6/2004 12:09:56 PM
From: Proud_Infidel	Read Replies (1) of 186894

Intel Seen Reiterating Seasonal 2Q Slowdown 04.06.04, 10:49 AM ET Credit Suisse First Boston said Intel (nasdaq: INTC - news - people ) is "well positioned" due to strong product cycles, high barriers to competition and material leverage from capital efficiencies and revenue growth. CSFB noted that the semiconductor giant has underperformed year-to-date and "now has more realistic expectations" for the calendar second quarter of this year. "Given fairly negative PC sentiment, however, we believe Intel represents a good trade post reset expectations," the research firm said. CSFB said, "We believe the company will reiterate its belief that the calendar second quarter is normally down 2% to 4% quarter-over-quarter, particularly following a seasonal start to the year and a slower volume ramp of Dothan notebook processors and higher-end Prescott desktop processors in the second quarter." CSFB rates the company at "outperform" with a price target of $33.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next