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


To: puborectalis who wrote (178640)7/15/2004 1:06:18 AM
From: The Duke of URLĀ©  Respond to of 186894
 
Clueless.



To: puborectalis who wrote (178640)7/15/2004 2:01:03 AM
From: Amy J  Respond to of 186894
 
Fallope, RE: "Analysts who are now getting more bearish are ignoring the seemingly robust demand implied by Intel's revenue forecast. .... Intel is expecting to do nearly $9 billion in revenue this quarter. That's a bump higher than the Street expected and the highest sales figure in the company's history."

This caught my attention too. Intel apparently thinks revenue is going to be better than what the Street expects.

"Look at the forest, not the trees
That huge revenue guidance doesn't make me think the semi cycle ended somewhere earlier this year. It seems to me that if you want to extrapolate anything from Intel, it would be the fact that demand remains robust"

Regards,
Amy J