Cody Acree
Cody Acree
companies draw enterprise investor larger leaders liquid money names portion quickly systems tends texas volatile
Companies like Texas Instruments, companies like Cisco Systems in enterprise networking. Leaders in their space, bellwethers, big-cap liquid names that I think are going to be around for the long term, leaders in the up cycle, ... Companies that the institutional investor can get in and out of quickly and that tends to draw a larger portion of the money when we have these volatile times.
anybody paying surprised
Anybody who was surprised by this hasn't been paying attention.
below giving guided higher missed numbers revenue tax
They not only missed revenue and guided below consensus, but they are giving us higher expenses, higher tax rates, so the numbers are going to come down.
drag
In our view, these proceedings could drag on for many quarters.
bringing finally products
In '05 they didn't have a lot of competitive products, but in '06 they are finally bringing out some of those new products that should make them more competitive.
bringing finally products
In '05, they didn't have a lot of competitive products. But in '06 they are finally bringing out some of those new products that should make them more competitive.
building chip companies continue demand difference environment fairly firm half margin pcs people ready safety stronger
Chip companies are getting ready for stronger demand in the back half of the year. There's a big difference between building a safety margin and overbuilding, ... People have been pessimistic, but we continue to get fairly firm fundamentals about the environment for PCs and semiconductors overall.
challenge convince degree investors margins next reason step trying victim
How do you do better than that? ... And if next step is down, do you want to own the stock? Their challenge is trying to convince investors and analysts that there is no reason for margins to deteriorate. To some degree they are a victim of their own success.
confidence degree speaks
It speaks to some degree of confidence on the company's part.
builds certain extremely numbers optimism realistic stock
The numbers were fine. The stock had done extremely well. When you have that kind of a move, it builds in a certain kind of optimism that may be realistic or may not be.
good optimistic quite satisfy
It's a good update, but it's not quite enough to satisfy a more optimistic Street.
expanding higher numbers raising realm stock strong support
It's not out of the realm of possibility that the second-quarter numbers could be strong enough to support the stock at a higher valuation, ... If you keep raising estimates, you probably could keep expanding the multiple.
biggest demand looking
The biggest thing here is what inventories are looking like and what demand is looking like for the first quarter.
ability biggest inventory lack market maybe measure seeing surprise
The biggest surprise is not that the market is seeing inventory slosh, but maybe it's Intel's lack of ability to measure this.