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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: plantlife who wrote (213698)	10/16/2006 1:18:06 PM
From: jspeed	Read Replies (1) \| Respond to of 275872

Looks like Wall Street is on to Intel ... news.moneycentral.msn.com Market Report -- Story Stocks (INTC) Press reports are indicating today that the chip maker's general manager for Asia-Pacific said at a press briefing in Taipei that the fourth quarter will be better than Intel was expecting in the first half of the year. His upbeat assessment was linked to market share gains that will come at Adv. Micro Devices' (AMD) expense and fewer concerns regarding the release of Microsoft's Vista operating software. These comments are noteworthy for the simple fact that they come just ahead of Intel's third quarter earnings report, which will be released after Tuesday's close.Knowing this, we're perplexed as to why Intel would want such a meaningful statement to be communicated at a press briefing in Taipei as opposed to tomorrow's conference call. Moreover, it seems to be a statement that is better-suited for CFO Andy Bryant to make at this juncture. The market appears to be thinking along the same lines, as Intel's stock is up just a modest amount in today's session. Frankly, the claim is a reasonable one and it is in line with the bullish view we have espoused for Intel, which is a suggested holding in our Active Portfolio. Like the market, though, we think it's advisable given the impending earnings report to wait for official confirmation from the home office before getting too carried away by the news. --Patrick J. O'Hare, Briefing.com