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: The Duke of URL© who wrote (184362)	6/1/2006 11:11:23 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 186894

oh, give Dan a break. He's depressed about his stock, just as we're depressed about ours. By the way, today is AMD's show and tell day. I'm surprised they have not filed an 8-K about what they'll say to analysts. I thought reg FD required a public company to disclose publicly what it says to analysts.

To: The Duke of URL© who wrote (184362)	6/2/2006 6:16:09 AM
From: Dan3	Respond to of 186894

SEMI FINANCIAL ANALYSTS at Handelsbanken Capital said it is expecting another profit warning from Intel because of poor chip sales. Handelsbanken claimed Intel "stuffed the channels with chips in February and March, the floor fell out in April, and sales dropped 52% year on year". The firm said in a note to its clients that Intel processor prices fell 40 per cent year on year in April, with volumes dropping by 21 per cent. That leads Handelsbanken to the view that Intel will deliver another profit warning, guiding Q2 sales to $7.9 billion, versus a consensus figure of $8.4 billion. Average selling prices fell from $109 in March to $52 in April and were down 40 per cent year on year, said the firm. That had an effect on computer and peripheral logic sales. The note continued: "Intel has obviously given up on making any money on its current generation of processors and has started a price war with AMD." theinquirer.net Sounds like it's mostly an ASP issue, rather than a volume issue.