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Cymer Inc. Message Board

  • jamulmike jamulmike Jan 18, 2013 8:23 AM Flag

    (blocked) INTC CC: “healthy level of inventory”

    the yahoos at it again

    Sentiment: Strong Buy

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    • Paul Otellini - President, Chief Executive Officer, Director
      Yes, I will take that. We think that there was an inventory drain and a worldwide supply chain for PCs in the fourth quarter. Our channel checks would suggest that a lot of older generation Windows 7 PCs were burned off in the quarter. When we look overall at inventory levels across all the downstream inventory, we think it’s a healthy level of inventory. It looks appropriate for how we see demand and then in terms of our own inventory levels, obviously we reduced them significantly in the fourth quarter.

      Sentiment: Strong Buy