Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: John Carragher who wrote (183991)	4/6/2006 8:20:58 AM
From: matt dillabough	Read Replies (1) \| Respond to of 186894

INTC Intel June quarter estimates cut due to poor PC visibility at Jefferies (19.48 ) Jefferies cuts their tgt on INTC to $23 from $25 as well as their Jun quarter estimates as a result of continued poor visibility into the PC market and earlier than expected price cuts. Firm states that their proprietary channel checks indicate that the PC stall, initiated by the recent price war between Intel and AMD continues to weaken demand for PC into Q2 2006. As a result of low PC visibility, firm project a flat to slightly down June quarter sequentially for Intel revenues.