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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Hawk who wrote (120872)	12/6/2000 11:54:18 AM
From: michael97123	Respond to of 186894

my point too. Analysts will find that pounding chips at these prices will not prove to be productive in the long run. Michael Murphy backed the Kumar view about higher eps. I am skeptical about that too but those higher numbers might have proved to be the safety net which will allow intc to at least meet street estimates.

To: Hawk who wrote (120872)	12/6/2000 12:06:55 PM
From: maui_dude	Read Replies (3) \| Respond to of 186894

Aloha, Re : "I guess that's what these ANALyst are saying that they know more than the CEO or like you said they are implying that his lying." Unfortunately, Intel was wrong last quarter and have lost credibility And Intel will have to deal with it. Beside, Barrett's statement did not have the conviction, IMHO, that they will meet the expectation. It said Intel will have record quarter and they can do that by having their revenue 1% higher over Q3, which would be 3 to 7% below their guidance for Q4. Did they say they will meet their guidance ? Wish I had more cash to buy Intel! Maui.

To: Hawk who wrote (120872)	12/6/2000 12:11:11 PM
From: Hightechhooper	Read Replies (2) \| Respond to of 186894

dbf & hawk, I really don't think Q4 matters. INTC has said they will hit the estimates and have implied they will be at the low end. It is Q1 that is the cause for concern because now both GTW and AAPL have talked about the tremedous amount of inventory in the channel for ALL COMPANIES, not just their own. Given the delay between INTC recognizing revenue for these systems (before they are build by OEMS) and when the machines actually move (i.e. end sale to consumers) it looks like OEM's will not have to order much in Q1 until their channel inventories are cleared. It all comes down to how INTC's other market segments are performing (notebooks, servers, communication products, flash). If those segments can hang on in Q1 then we will all be OK. If not, INTC stock will take another big hit when they lower guidance for Q1 during the January conference call. Just a few days ago I wasn't worried about any of this because I really thought seasonal demand would eventually pick up with a big surge late in the quarter. I am amazed that this hasn't happened but I guess the wealth effect of the stock market crash has really impacted discretionary spending. If businesses slow down their IT spending at the same time we could really see a hard landing for INTC. To be honest I am scared $hitle$$ right now and will remain that way until the January call. I do think Q1 will be the bottom given Greenspan's comments yesterday but I just don't know how deep the hole will be.