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sgolds

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sgolds

Re: None

Tuesday, 05/25/2004 5:14:53 PM

Tuesday, May 25, 2004 5:14:53 PM

Post# of 97755
Intel sure took off today! Up 2.34, or 9.08%. News? I only see one lukewarm upgrade -

http://finance.lycos.com/qc/news/story.aspx?symbols=NASDAQ:INTC&story=200405251056_JGN_1224:6173...

INTC: Reit Buy - We still believe that Intel will beat the Midpoint: Intel's midpoint revenue guidance for 2Q04 is for revenue to be seasonally down 2% q/q to $7.9B. However, our $8.1B revenue estimate is in line with the historical 2Q revenue as a percentage of the year. Additionally, market strength affirmed on Dell and HP`s earnings calls and a resurgence of notebooks out of Taiwan support above mid-point growth.
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