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


To: Dan3 who wrote (142928)9/6/2001 9:26:52 AM
From: puborectalis  Read Replies (1) | Respond to of 186894
 
Drew Peck, SG Cowen & Co.

Technology Analyst

Comments on INTC.

He thinks the numbers will be predictably bad.

The outlook will be fairly negative.

INTC should confirm normal seasonal uptick in demand for PCs.

Tomorrow the market will react to the news.

INTC is likely to write down inventory.

Don't expect much on long term outlook.

Visibility is very low.

The company is trying to move away from the micro possessor business and move into the communication business.

Currently they don't have a presence in either business