Yeah, momo institutions want out- upgrades are paid with "Softie" dollars-- who cares if they are wrong, except the bagholders..
However, give CSFB some credit for whacking the SMH "rally" from Jan as phony...
CSFB-11Mar: (INTC) Reit Underperform INTC raised its 1Q05 revenue guidance from $8.8-$9.4 billion to $9.2-$9.4 billion and gross margin guidance from 54-58% to 57-59%.
(NSM) Reit Neutral Our new F05 revenue and EPS estimates are $1.91bn and $0.94, up from $1.90bn and $0.82. Our F06 estimates are $1.90bn and $0.80, up $1.85bn and $0.66. We are raising our price-target to $22 (25x our CY05 EPS of $0.83 plus another $.03 from potential depreciation upside from selling its Singapore test and assembly facility), up from $17.50.
Smith Barney Citigroup (Sandy Weill's Liars) said instead:
(INTC) Reit Buy Intel upwardly revised its Q1 revenue estimate by raising the lower end of its outlook to $9.2-9.4B or (-2% to -4% q/q) and midpoint of $9.3B (-3%q/q) above the high-end of its previous range of $8.8-9.4B (-2% to -8%) and midpoint of $9.1B (-5% q/q).
(NSM) Reit Buy On-hand and distributor inventory well-controlled against back drop of slowly recovering demand pull. NSM stock up 6% on the day.
Market Data 
Markets 
AI
