Replies to post #12376 on Intel Corp (INTC)

[wbmw]

Chipguy, Re: Holy sheep dip, its hard pleasing some people. GMs in
the 62% range is about as good as Intel has ever done,
historically speaking. I'd only be concerned if they fell
below 50%.

So would everyone else, and this would take the stock price back to sub-$15. Keep in mind that the current stock price builds in Intel's previous guidance. If they lower this guidance, then the stock will fall, even if 60-62% is still damned good. I recommend holding if the GMs hold, but I did not say that I would sell if they go below 60%. I would simply not recommend anything at all, and leave it for people to decide for themselves.

[andyk]

Well, *if* Intel projects something lower than 62%, something must have gone really wrong in just the last 2 months.

Based on Q1 (4/13/04), I suggested "it was as though Intel also said that GM in Q3 and Q4 are expected to be higher than 62":

http://www.investorshub.com/boards/read_msg.asp?message_id=2880258

Within Expectations on June 3, 2004:

http://www.intel.com/pressroom/archive/releases/20040603corp.htm

GM was below 50% in 2001 and 2002. I assume you were still holding, but just concerned? :)

http://www.investorshub.com/boards/read_msg.asp?message_id=754233