Intel Corp (INTC)

[imho]

wbmw,

Christopher Danley...he's calling a down year in terms of EPS for 2006 and a flat year in terms of revenue for 2007. He's making it pretty easy for Intel to beat this.

Exactly one year ago, mean estimates for Intel where 8% from 2004 or $1.24 / share. Today Intel reports $1.40, yet Intel's stock price is the same or down during this period. The problem is that, during 2005, analysts continued to raise estimates (and expectations) while the street continued to sell Intel shares. Intel is simply out of favor. This is a crisis that goes beyond chipsets and ASP's. New products will help, but it seems that Intel stock price is more about perception, mind share, public relations and other intangibles. BTW, analysts are using a similar 8% growth forecast for 2006.

IMHO