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Friday, March 03, 2006 9:12:37 AM
http://biz.yahoo.com/bwml/060303/35182.html?.v=1
"SANTA CLARA, Calif.--(BUSINESS WIRE)--March 3, 2006--Intel Corporation today announced that first-quarter revenue is expected to be between $8.7 billion and $9.1 billion, as compared to the previous expectation of between $9.1 billion and $9.7 billion, primarily due to weaker than expected demand and a slight market segment share loss."
Let's see how much of this is already priced into the stock. Always felt that more analysts need to downgrade the stock before it can reverse. Looks like it is about to happen <g>.
This is also the start of the quite period. This will be a good way to judge on how conservative or aggressive Intel will be with its forecasts going forward.
IMHO
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