Revenue growth is decelerating rapidly, and a trough isn't expected until the third quarter of 2001. Based on semiconductor industry data for November, we also lowered our projection of the global industry's growth rate in 2000 to 36 percent from 40 percent.
More Quotes from Mark Edelstone:
This is likely to lead to a lower-than-expected average selling price for Intel's overall MPU (microprocessor) portfolio.Mark Edelstone
We maintain our 'equal-weight' rating on Intel, but believe that a better buying opportunity will likely occur after consensus earnings estimates are reduced.
Mark Edelstone
Demand for PCs is weak and microprocessor prices are becoming more aggressive, ... To stimulate PC demand and improve Intel's long-term competitive position, we believe the company's Pentium 4 price cuts will become more aggressive.
Mark Edelstone
NAND flash currently represents one of the weakest product segments in the overall semiconductor industry.
Mark Edelstone
The key issues to watch from here would be the negotiations and litigations with other DRAM suppliers,
Mark Edelstone
Readers Who Like This Quotation Also Like:
I believe Johnson understood that the reason was Vietnam. I also believe that he felt that if there was a way to communicate the real issues in Vietnam, that the reasons would be answered or understood. But there was just no way to communicate.Lew Wasserman
It is your concern when your neighbor's wall is on fire.
Horace
For me, the safest place is out on a limb.
Shirley MacLaine