Daniel Niles
Daniel Niles
consensus earnings intel line occurred per revenue share since slightly
Intel revenue and earnings per share were in line with our expectations, but consensus for 2001 will be slightly down revenue, which has not occurred since 1986,
announcing large train
Y2k is going to be a very large problem, ... Hewlett-Packard is at the end of the train announcing this.
believe budget commercial consumer continued corporate december demand disturbing early related saw showing since stretch track worse
We believe that since Intel's pre-announcement in early December that consumer and commercial demand has continued to get worse with commercial showing the most disturbing trends. In addition, we believe that servers, which had actually been on track for part of the quarter, saw some softening that we believe is related to corporate IT budget stretch outs.
buy price rating
We reiterate our buy rating with a $55 price target.
declines downside issue names percent seen year
We've seen this how many times already this year -- three? ... A lot of these names could have 50 percent downside from here. Our big issue is, are the sequential declines (in revenue) over? I'd say no.