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fmikehugo

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fmikehugo

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Monday, 08/25/2003 8:52:15 AM

Monday, August 25, 2003 8:52:15 AM

Post# of 147288
JP Morgan raises PC forecasta

08:44 ET from Briefing.com

JP Morgan is raising its PC unit forecast citing the continued improvement in overall PC unit volumes. The firm's 2003 forecast range is currently in the range of 8- 9% unit growth, which is up from its previous estimate of 7% and assumes normal seasonal patterns for the third and fourth quarters. However, firm cites it has yet to see any meaningful signs of a corporate upgrade cycle and believes the continued strength of notebook shipments and improvements in the small and medium size business suggest an increasingly optimistic outlook.
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