Cody Acree
Cody Acree
both few given gotten last level likely movement point quarter stock strong upside weeks
I think it was a strong quarter but given the level of movement in the stock over the last few weeks expectations had gotten to a point where more upside was likely anticipated both for this quarter and for the forecast.
continued generally positive
I think it's generally a positive transaction. It's just a continued refocus of the firm.
across notebooks results strong whether
Results look to be strong across the board, whether in servers, notebooks or desktops.
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.
degree earnings line quarter stock upside
Their earnings are in line with expectations for this quarter and the next, but there was no upside and the stock was priced for some degree of upside.
assumption beginning built concerns consumers high june looks momentum normal oil prices sales spending throughout
There was an assumption at the beginning of June that second-quarter sales of desktops and servers would be lethargic but momentum has built throughout the quarter. There were concerns that there would be lackluster spending by consumers and corporations because of high oil prices but it looks like things were probably normal or even better than normal.
drag
In our view, these proceedings could drag on for many quarters.
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.
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.
assuming bottom correction entire evidence finality great intel inventory investors nice quarter
The finality of the inventory correction is not only great for Intel but the entire semiconductor market. Investors had been assuming that the first quarter would be the bottom but it's nice to see real evidence of it.
great increased revenue
It's great revenue growth, but it may not be enough because of increased (investor) expectations.