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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: nihil who wrote (68462)11/12/1998 2:03:00 AM
From: Mo Chips  Read Replies (1) | Respond to of 186894
 
Thanks for the link. So now I've read his latest, dated today.

Kurlacky remains neutral with some rather pathetic reasons. He forecasts long term growth rate at 9%. Since he missed Q4 revenues by a tiny 17% or $1 BILLION why would anyone believe this? He also forecasts falling ASP. Ok, so what. If he misses unit demand growth this is pretty meaningless. And lastly, (and perhaps the most pathetic reason) he states that the market has gone up by 17% and Intel has remained flat over the last 15 months. Hummm, so past results ARE indicative of future performance, according to Kurslacky.....

Why would anyone believe Kurplunk....

Mo