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

To: Paul Engel who wrote (139693)	7/19/2001 11:56:28 AM
From: Dan3	Read Replies (2) \| Respond to of 186894

Re: .....why did AMD predict a LOSS this quarter - and Intel predict a profit? Because Intel always lies, and you always fall for it. It is unclear whether the results will make analysts and investors cheer. In its statement, Intel said revenue would grow by 4 percent to 8 percent sequentially in the fourth quarter, lower than expected for the traditionally strong holiday period. "That is probably half of normal," Needham & Co. analyst Dan Scovel said in an initial reaction to the report. Before the call, he predicted revenue growth below 10 percent sequentially would indicate a change in normal seasonal patterns. Intel's revenue predictions "are a little bit less aggressive than the historical norm," added Nathan Brookwood, principal analyst at Insight 64. "They are getting conservative here." Intel CFO Andy Bryant said the company is erring on the side of caution in its forecasts because it is unclear whether the slowdown in European sales will spread globally. news.cnet.com In case you conveniently don't remember, there were drops in revenues and earnings from Q3 to Q4 for Intel in the period being forecast - not the estimated 4% to 8% growth "cautiously" forecast.