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Intel Corporation Message Board

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  • alexander.dumbass alexander.dumbass Jun 13, 2011 2:34 PM Flag

    Deutsche Bank Reiterates

    I couldn't find the DB rating. It would help if you provided a link.

    Barron's has an article on 3 analysts outlook for CHIPS. Two see weak 2nd half and one says oversold.

    UBS’s Uche Orji:
    favor secular growers such as SanDisk (SNDK), Altera (ALTR), (whose strength in communications should offset industrial weakness), Intel (INTC), Qualcomm (QCOM) and Maxim Integrated Products (MXIM).

    Citi Glen Yeung ....likes Advanced Micro Devices (AMD), Altera, Intel and Qualcomm.

    Piper’s Richard, however, writes that “fundamentals” seem to him to be improving in industrial and communications markets, and that “in our view, the group is becoming oversold and reflects our expectation of a seasonally slow summer and weak Q3 guidance for many of the chip makers.”

    Intel is obdurate and also appears to be unique in its opinion that PC units will grow double digits this year. We see ample evidence that smartphones and tablets have replaced the PC as the object of desire of the technophile. We believe there is risk to Street estimates for Intel in 2H:11.

    Chips: UBS, Citi See Weak Second Half, Piper Says Oversold

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