Charlie Glavin
Charlie Glavin
admit company dog learning management team willing
That would be an old dog learning new tricks. This is not a company or a management team that has been willing to admit they are making mistakes.
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.
against appears engaged price
It appears AMD has engaged in a price war, where it is essentially bidding against itself.
basically expected far last margins revenue
Margins and revenue were better than feared. Inventories did go up as we expected but they basically are not far off from where they were last year.
bad bet buy expect intel itself opportunity realistic reinvent second stay tend time turn work
I was floored by how bad it was. I don't think it's realistic to expect that this is going to work itself out by the second quarter. This is not an opportunity to buy on a weakness. This is a time to stay on the sidelines. Too many things have to go right. Intel has to reinvent itself very quickly, and you tend not to bet that a supertanker can turn on a dime.
although based concerns conditions current october themselves worse
Our October downgrade was based on concerns that are manifesting themselves now, although current conditions are actually worse than we feared,
cash curious entire sell
What's curious on this is that TI does not really need the cash right now to sell off the entire business.
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.
degree ended itself knew terms
We knew there were some constraints but not to the degree that it ended up manifesting itself in terms of revenues.
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.