Replies to post #29109 on Intel Corp (INTC)

[wbmw]

Re: What do earnings warnings have to do with the "quiet period"?

In the past, Intel has always maintained a strict adherence to their quiet period, and as well, they have always warned before missing an earnings estimate by more than a couple of cents. Taken together, one would expect Intel to announce a miss *before* their quiet period starts. Given that B&B numbers for the last month in the quarter should be nearly written in stone by now, it's reasonable to assume they would have warned, had they a sense that they would miss estimates.

Clear now?

[ChipGeek]

What do earnings warnings have to do with the "quiet period"?

It's an extrapolation on my part based on Intel's past behavior. You're right, I shouldn't have made it sound like it was some rule or something, but historically any pre-announcements by Intel regarding earnings has happened concurrently with the start of the quiet period. The fact that the quiet period started on June 2nd, and we have not heard anything, gives me confidence that Intel is within 10% of its quarterly guidance. Again, this is based on past behavior by Intel management over the last decade.