SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (182857)12/8/2005 10:48:30 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 186894
 
Intel May See Above-Consensus Sales Growth In 2006
David Ng, 12.08.05, 10:24 AM ET

Banc of America Securities reiterated a "buy" rating and $33 target price on Intel (nasdaq: INTC - news - people ), citing the likelihood of gross-margin expansion and above-consensus sales growth in 2006.

"We view the near-term supply constraints as a positive for Intel," Banc of America analyst Eric A. Ghernati wrote in a recent report. "The lack of availability may temper the ability to build excess channel inventory in the strong seasonal period."

"In the event that holiday sell-through is decent, we would not be surprised to see better-than-seasonal results from Intel in the first half of 2006, as inventory replenishment occurs throughout the channel."

For the fourth quarter, Banc of America expects Intel to narrow the range of its sales guidance around the prior midpoint of $10.5 billion, with a slight potential bias to the upside

The research firm also expects Intel to narrow the range of its gross-margin outlook to around 63%, with potential for mild upside.

"We think Intel's ability to deliver material upside at its mid-quarter update is somewhat limited," Banc of America said.

The research firm's top sector picks are Intel and Texas Instruments (nyse: TXN - news - people ), which is rated at "buy" with a $36 target price. Its least-favorite picks are Mentor Graphics (nasdaq: MENT - news - people ) and Lattice Semiconductor (nasdaq: LSCC - news - people ), both rated at "sell" with respective targets of $8 and $4.



To: Amy J who wrote (182857)12/8/2005 12:46:30 PM
From: Saturn V  Read Replies (1) | Respond to of 186894
 
Mobile WiMax standard approval is formalized by IEEE:
eetimes.com
LONDON — A mobile WiMax standard has been approved by the IEEE and will be designated 802.16e-2005.
Approval by the IEEE’s Standards Board was expected since the 802.16e spec was finalized two months ago, but the formal announcement brings the advent of mobile broadband a significant step closer.

Mobile WiMax trials and certification testing are expected to start in the first quarter of 2006, organized by the WiMax Forum. Products will likely follow late 2006 and services by early 2007.

The formal announcement Wednesday (Dec. 7) brings to a close the work of a 802.16 Task Group and its project that began with the approval of the original 802.16e spec in December 2002.

Roger Marks, working group chairman, said: “We projected completion in about 18 months. Actual development took about twice that long. Though we all would have preferred to stick closer to schedule, the reality is that the working group changed dramatically during those years."

Marks added that new participants from around the world with a variety of new applications in mind broadened the group's perspective.

“I am proud of the fact that we addressed all of the resulting needs, continuing to harmonize and build consensus to ensure a result with broad support and broad applicability," Marks added.

Still, he cautioned that "IEEE standards are not mandatory, and the IEEE logo is not by itself going to convince anyone to adopt our standards and put them to use."

He added: "What will make a difference is an IEEE logo earned the hard way, based on a diligent and largely successful effort to recruit the participation of the world's interested parties, coupled with the dedication to building a team and driving a consensus."