Intel Corp (INTC)

[Dan3]

So, do you think Intel's 52% sales drop is going to affect the stock, or is it already priced in?

Handelsbanken claimed Intel "stuffed the channels with chips in February and March, the floor fell out in April, and sales dropped 52% year on year"....
The firm said in a note to its clients that Intel processor prices fell 40 per cent year on year in April, with volumes dropping by 21 per cent. That leads Handelsbanken to the view that Intel will deliver another profit warning, guiding Q2 sales to $7.9 billion, versus a consensus figure of $8.4 billion.

Ouch! Asps down 40% and units down 21%

http://www.handelsbanken.se/shb/inet/Icentsv.nsf/vlookupfirstpage/handelsbankense
Translated: http://www.theinquirer.net/?article=32136