Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 43.80

+0.7%

3:39 PM EST

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To: matt dillabough who wrote (184372)	6/7/2006 8:00:57 AM
From: Dan3	Read Replies (1) of 186894

Re: as the co focuses on its core microprocessor business to pull out of its slump I think they're looking for a distraction from their upcoming earnings report. Big asset sales allow a company to report a whole of "one time" costs that take attention away from operating losses. This quarter is not looking good for Intel. SOX is going to make it harder than it used to be to dress up the numbers. The asset sales talk might be an indication that the 52% CPU revenue drop reported for last month is expected to continue for a couple more months and may not recover quickly.

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