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

To: Amy J who wrote (165856)6/6/2002 4:57:49 PM
From: t2  Respond to of 186894
 
Could those big price cut announcements really be the key factor for this lowered guidance?
Had they not cut so deep, could we have seen revenue and margin guidance a little higher. In that case, it might have been a non event. (?)

I guess the "smart money" probably already knew this (i sure did not).

If they knew, Intel should do much better than the 24+ we see afterhours.



To: Amy J who wrote (165856)6/6/2002 5:05:53 PM
From: Joey Smith  Respond to of 186894
 
Amy, good point. Intel blew it once again with their quarterly forecast. I remember some of the analysts asking Intel why so rosy with the forecast back in April. If I remember correctly, this is at least the 2nd time they blew on the Q2 forecast in the recent past. Better to keep the expectations low.
Joey


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