Charlie Glavin
Charlie Glavin
address becoming cautious earnings intel lingering
Going into Intel's third-quarter earnings report, we are becoming more cautious about how Intel is going to address some lingering issues.
cited demand earnings looking million pcs per revenue share weak
We were previously looking for revenue of $16.1 million and earnings per share of one cent. Weak demand for PCs and flat-panel displays were cited as the culprits.
believe both companies continue demand environment expect half intel inventory labor means pc pressure pricing push quite remains slippery slope trend visibility weak
We believe that the PC environment hasn't improved, and visibility still remains quite poor. We expect this trend to continue through the first half of 2001. As a result, we expect pricing pressure to continue between Intel and AMD through Labor Day, as weak end demand and inventory overhang continue to push both companies down the slippery slope of pricing as the only means of leverage.