This is not new news but it carries a lot of weight coming from Chambers. The message is that things are not getting worse.
More Quotes from Sunil Reddy:
The stock has had a big run but at the same time the company has delivered great earnings growth over the past four quarters. The stock's move is warranted.Sunil Reddy
The true catalyst for Microsoft is Longhorn and that is some time away.
Sunil Reddy
Surely the dollar makes pricing more competitive for U.S. companies. But it's more a noise factor than anything else on a short-term basis.
Sunil Reddy
Overall I'd categorize the number as generally in line. The guidance was slightly off, but it's nothing to get too alarmed or too excited about.
Sunil Reddy
Definitely some preannouncements make you pause and wonder what's going on, ... Even though these are unique events, a lot of surveys show tech spending is just ok, not great.
Sunil Reddy
The profit margins in the analog area hold up much better than some chip companies that are more cyclical,
Sunil Reddy
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