Snow, when the new-kid-on-the-block analysts come up predicting doom and gloom, you should probably take it with a grain of salt. Intel's business is very complex, and there are only a handfull of analysts who know how it works. Joe Osha is one of them, and though he has had bearish tendencies in the past, he is usually spot on when he predicts an upcoming warning. So far, we have not heard from him.
My thoughts is that this new analyst doesn't understand the backend nature of the quarter, or his data sample is from a particularly poor segment, and he is incorrectly extrapolating that to the rest of Intel's business. Either way, he will be proven wrong very soon. And if he's right, then I expect like you said that we will soon hear the news straight from the horse's mouth.
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