Eric Rothdeutsch
Eric Rothdeutsch
bit news performance positive terrible week
We've really come off a week or so of terrible performance in the Nasdaq. It's just really grasping at any hint of positive news to find a little bit of a rally.
capital expecting front spending street
The Street was expecting $4 billion, so on the capital spending front it was a disappointment.
beat believe billion cents company estimates meet pricing revenue
At that time, we look for DRAM pricing to stabilize. We believe that the company will meet or beat our fourth-quarter revenue and EPS estimates of $2.35 billion and 93 cents a share.
factor texas though wall
Like it or not, even though Texas Instruments is pretty diversified, handsets are the determining factor for Wall Street.
absence perfection positive stocks
Frankly, a lot of semiconductor stocks are priced to perfection and in the absence of really positive news, the stocks are a little overdue for a pullback.
expect
I expect them to say that things are still challenging.
gaining great market share technology
They've got a great technology solution, they're gaining market share and they're in the Xbox.
baked fresh good money news share sidelines
A lot of the good news is already baked into the share price. We'd be on the sidelines and wouldn't put fresh money into Intel.
led moving style sure toward
They have been moving toward just-in-time style of production, so I'm sure that led to the shortfall.
anomaly chip complete
They're a complete anomaly in the chip sector.
clearly companies economic few
They're on a roll. They're one of the few companies that's clearly bucking the economic downturn.
clearly executing expected good gross high margins strong
This is a very good report, as expected. It's clearly a very strong quarter, and they're executing very well to get gross margins to the high end of their expected range.