Intel will guide to middle of range. If economy is in recovery Intel will make big bucks, if it is not they wont. It is that simply. If they come out will anything other than saying they are going out of business, Joe Osha will probably take his own life.
Are you kidding? Osha's bonus check is alreay in the mail. His was a masterful job of manipulating the semi's. If you were paying attention to the last minute blitz yesterday you would realize that many institutional holders got taken for a ride...unless Intel has a surprise to tell in their analyst meeting. I wouldn't discount that possibility. Some very large blocks were bought in the last half hour of trading yesterday, even in the face of a very steep rise. You don't throw away money like that unless you think you know something.
These guys have lost so much credibility that some of them are now trying to make "the big call" to get some respect back. My guess is the way intc has been talking very cautious if they keep to that tone and tighten the range. If osha is right and they go to the lower end we will see what happens