Jeff,
Your, "For instance Craig Barrett should publicly reinterate Intel's guidance on Monday. Kurlak had no new data - Barrett doesn't need new data either."
This is exactly what I had in mind when I opined that Intel's management should solve our ML/TK problem. The only difference I have with your suggestion is that Barrett's statement should have been made yesterday, not on Monday. The statement should also be coupled with an additional statement, that since nothing has changed from Intel's previously provided forward looking guidance, Intel would be exercising its previously announced stock buy-back program on any "irrational weakness".
Jules
Mary,
To add to the strength of your previously posted argument ....While it is true that Intel has stated during the last two years, that long term GPM would trend to a 50% +/- a few points level, they also stated during the most recent analyst's conference call, that GPM would bottom out in Q2 98 and climb again in H2 98. Nowhere have I ever seen Kurlak acknowledge this forward looking projection from Intel.
By the way, I have also never seen any statement by Intel that margins could go as low as 40 %, as Paul K. would have us believe in his previously posted reply to you. He averred that Intel said its gross profit margins would range between 40 to 60 %. That quote is simply not true and I believe was made to be intentionally deceptive. (He must believe he has the same license to deceive as TK).
Regards,
Jules |
