Intel Corp (INTC)

[SemiconEng]

$8.1B Revenue, $0.26 EPS vs $0.27 Est


Actually, I thought that I read elsewhere that the 0.27 estimate was "excluding" the Intergraph........ Buy off, but I can't find it now. In any case, I'm actually pleased with the report. Intel met it's lowered estimates from the mid quarter update, They would have exceeded the EPS estimate (.277) without those SOB you know who company, but more importantly, is that margins held up.

I remember speculating that if the reported falloff of laptop sales reported late in Q1 were true, and I said IF.... margins still held up, then that would most likely mean that ASP's held, or even increased slightly. Seems to have panned out as a good call.


btw, I'm selling all my INTC Stock
















PSYCHE..........