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

To: Elmer who wrote (139510)	7/17/2001 11:55:08 PM
From: t2	Respond to of 186894

I find these analyst comments very interesting. Here are some optimistic comments out of Dan Niles. I say optimistic based upon my logic below. ``They set a pretty high bar for themselves in terms of the third quarter,'' said Lehman Bros. analyst Dan Niles. ``Some of the numbers they gave are hard to reconcile with the data we're getting from the PC vendors.'' ``Quite honestly, I'm surprised Intel was this bullish going into the summer, given that most of Intel's pre-announcements in the past tend to come in the third quarter,'' Niles said. The channel stuffing theory just does not fly anymore as that is what Niles is hinting at. INTC was quite clear on that issue in the conference call. Actually have an order backlogg for the P4. That is why Niles seems puzzled, who had expected business is going to get worse. I would note that if business does not get worse as he expected, that means his rating on some semiconductors could see some changes (upgrades)---Intel, MU etc. Right now, it looks as if this business is stabilizing and one has to wonder how long he can recommend selling these stocks with Windows XP on the horizon. Here is another optimistic (sort of<g>) note from Ashok Kumar. ``They're trying to drive a stake through AMD's heart,'' said US Bancorp Piper Jaffray analyst Ashok Kumar, adding that Intel is seeking to have the entry point for the Pentium 4 to be at 1.4 Gigahertz, speeds where AMD has trouble making chips profitably. Consider this important information. People assume the PC market has matured. IMHO, not true. China and India are huge markets. China demand is picking up---remember 1 billion people. Remember that the Chinese can get a pirated copy of Windows but there is no way they can get a Pentium 4 that way.<g> (just a general reference to how business is conducted in emerging markets and not specifically directed at China) Intel's higher shipments could also be a sign of strength in Dell's business. Dell was up 6% today! In addition, who knows how many smaller PC players are popping up in newer markets like India and China. That could be another reason why he cannot reconcile the numbers. There is very good reason to be optimistic on Intel's future..just have to weather the near term. I just wonder if the analysts tomorrow will look at the present or the future in their comments tomorrow. I suspect there are a few that are looking into Q4 and beyond. source of the quotes above. dailynews.yahoo.com