The decrease in revenue is mainly due to the substantial drop in PC-related shipments. The PC related business was weaker than expected, particularly during the last month of the quarter.
First Intel warned, now SSTI warns about weak PC market, and we are expecting good things from Intel tomorrow.
I don't know to feel sorrier for the shorts feeliong pain or for those who got sucked in long.
Shorts will want of cover on any up trend, longs will try to walk away on any downdraft, market probably will go sideways. Hopefully not as agitated as today fairly flat end result.
Next week will be when the pain is felt the most based upon the the sad reality of USD weakness and scared domestic investors.
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