Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Gopher Broke who wrote (122561)	8/21/2000 11:53:52 AM
From: tejek	Respond to of 1576775

Lehman Brothers analyst Dan Niles raised his full-year 2000 earnings per share estimate for Intel Corp. (INTC) to $1.74 from $1.70 and his full-year 2001 estimate to $1.90 from $1.85. In a research note, Niles said Intel is seeing the most "front-end loaded Q3 in many years and is booked out for the quarter Gopher When people complain about Intel and its future prospects, I think its important to note the kind of support Intel gets from the brokers and their analysts. Could Niles been any more timely? It helps to keep Intel a top rated stock that does not experience the ups and downs of a lesser stock like AMD. ted

To: Gopher Broke who wrote (122561)	8/21/2000 2:19:37 PM
From: Road Walker	Read Replies (3) \| Respond to of 1576775

GB,0 re: "I just don't see why you think there is any possibility that Intel might drop their price substantially in the face of this level of demand." I never said that Intel would lower their prices, and that is irrelevant to the point. Most folks on the AMD thread seem to think that no matter how many microprocessors AMD makes, they can sell them, if they just lower the price. That's not true. Retail demand is finite, there will only so many thousands of PC's sold to consumers in the 3rd and 4th quarters. Consumer demand is slightly elastic based on price, but prices are going up or staying the same. Retailers are reporting soft sales. There are a lot of competitive products to PC's this year. I think retail PC sales will be flat or down vs. 1999. If Sony decided to manufacture twice as many TV's this year as last, do you think the consumer would buy them all, just because Sony made them? How about if Sunbeam made twice as many toasters? What's different about the PC industry? John