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Faith Can Move Mountains


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#196 rog

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Posted 05 December 2002 - 01:43 PM

Soup,
INTC rallied nearly 75% after warning and missing earnings. The whole year they have been building inventory, hoping that the 4th quarter will bail them out. If they had to abandon hope in October, the middle of the PC build, it seems unlikely there is any material uptick in demand.

Further, GTW HPQ DELL TECD CC BBY have all said that PC demand is disappointing. This after INTC has been stuffing the channel for nearly a year. I dont see how they guide up.

AMD guided up today. After some massive warnings last two quarters. INTC has been undercutting AMD by selling celerons into China. Looks to me like AMD decided to reduce prices to beat INTC at their own game.

#197 Charmin

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Posted 05 December 2002 - 01:44 PM

you really reallly reallly mean - over and out

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Posted 05 December 2002 - 01:45 PM

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#199 Rockhead

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Posted 05 December 2002 - 01:45 PM

NAZcrapper

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