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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Joseph G. who wrote (7378)11/7/1997 5:24:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Joe, I am trying to decipher what Intel said at the analyst's meeting today. Revenues are expected to be slightly up; "optimistic" about European sales is hopeful; inventory correction is "almost" over; "slower" sales in Asia reagion; and "strong" Chinese market. After all these they expect Q4 (traditionally their best) revenues to increase slightly over Q3. Not what I call a bullish case. But the question is, has the market discounted for this slowness already and what about next year?
What's your read?
-Mohan



To: Joseph G. who wrote (7378)11/7/1997 5:25:00 PM
From: Bearded One  Read Replies (1) | Respond to of 18056
 
I'll claim it started when Levi Strauss announced layoffs. Or when Intel missed earnings for the second time in a row.