To: Elmer Phud who wrote (207293 ) 8/1/2006 1:45:07 PM From: Petz Respond to ephud, I think you will make more by suing Intel for securities fraud than by holding on to your Intel stock and selling calls on it, if the following is true:eetimes.com Report: Intel chip glut swells inventory Excess stockpiles of PC microprocessors and core-logic chipsets caused surplus semiconductor inventories to rise more than expected in the second quarter, with Intel Corp. contributing much of the excess inventory, according to data from from iSuppli Corp.'s Semiconductor Inventory Tracker service. so there is 700M of "excess inventory" in the supply chain and this inventory rose 900M from end of Q1 to Q2 much of the excess inventory can be attributed to Intel rather than being an industry-wide problem, according to iSuppli. increase in Intel's supply-chain inventory must be at least $0.5B -- any smaller amount and the glut could not be "mostly Intel."Some of the decline also can be attributed to customers working through first quarter inventory. We believe we have met our goal to get customer inventories of our products in balance with business levels and in an appropriate mix for our new product ramp. earnings release ...Sequential revenue in all of the company’s major regions was below normal seasonal patterns. Microprocessor unit sales were below seasonal patterns as customers reduced their processor inventory levels to seasonally appropriate levels in a highly competitive pricing environment.
