jdaasoc...
That is just passing INTC's own channel stuffing along. I said last quarter that they jammed in shipments to make their numbers (along with HPQ and a host of others who did the same thing). INTC has such massively complicated books that I cannot say they will not make their numbers under "pro-forma" fictional accounting, but I look for either an outright miss or on the low end (especially revenues) with lowered guidance, which I expect to hear a lot of when the tech sector reports.
By the way, the Iraqi war had little to do with it. As the old clinton saying goes, "it's the economy, stupid."
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