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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (10085)6/3/2004 8:22:03 AM
From: matt dillabough  Read Replies (1) | Respond to of 25522
 
INTC Intel may reduce high end of sales forecast as PC demand slows -- Bloomberg.com (28.01 )

Bloomberg.com reports that Intel will probably trim its highest sales estimate for Q2 amid lower-than-expected demand for desktop computers. Demand for laptop chips may help keep revenue at a four-year high. Merrill Lynch analyst Joseph Osha predicts Intel will reduce its highest sales forecast to as low as $8 bln from $8.2 bln. Goldman, Sach's Andrew Root is forecasting $8.1 bln. Intel will today probably keep the mid-point of its range at $7.9 bln, the analysts said in research reports.



To: Proud_Infidel who wrote (10085)6/3/2004 11:30:23 AM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 25522
 
<<and that 2005 also looks strong.>>

I guess the chairman, Morris Chang, hasn't been listening to CSFB and Smith Barney - if he had, he would know that 2005 is going to be a "down year".:)


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