Thursday, January 7, 2010, 3:55PM ET - U.S. Markets close in 5 mins..
Intel's first-quarter margin guidance cut to 54% from 56% was surprising --- even if some analysts claim otherwise -- as NAND flash is a relatively small part of its overall revenue. Intel did say the rest of its business outlook is unchanged but this gross margin cut speaks to larger macro issues, says Henry "Mr. Sunshine" Blodget.
While bulls say the market is "cheap" they are not taking into account the likelihood that still-fat profit margins will be coming down this year -- meaning those "cheap" stocks don't look so cheap after all.
Henry and I also discuss the implications of Intel's NAND memory comments for Apple, which uses NAND flash in its iPhones, iPods and MacBook Air notebook. When iSuppli slashed its NAND forecast in February, it specifically cited Apple's inventory as a culprit. But Apple COO Tim Cook was resolutely upbeat at the Goldman conference last week and the MacBook Air is off to a good start, so there's a disconnect here.
Does a day go by when you don't try to weaken Apple shareprice, shysters?
About the Mac Book Air - "they only made 50 of them" lol With that theory I guess you could say they also only made 50 Nintendo Wii's because they still are incrediably hard to find.
just a little bit downward ,other than that tech stocks is ok.
Why the f*** is a past convict Henry Blodget allowed back to comment on anything??
Time to buy Tech stocks when it's down. Most of kids are gluing on the internet in developed countries, which may take 10% of the world, while 90% is awaiting the hi-tech to catch up the education of the modern world. Besides, once, the government of the world decide move the education from classroom to internet in order to save huge education budget which costs from 30%-50% of the whole budget. You know what. That's why the whole world is underwater. People are afraid of change. Only the new tech can save the world.
Just wait until the institutional investors dump their apple and google shares. Burn baby burn
They negative market hype is getting so deep, that my waders no longer help, I'm going to have to get a dry suit... ;-) The "big Buffet", who has absolutely nothing to gain by this turmoil (ahem...), has even started daily advisories... It just gets better and better...
Le's face it. People making negative comments obviously don't get it. The AIR is the coolest computer on the market and PC's are sure to follow. We are so behind our friends in Aisa...come on and let's get America at least equal. I love my country and to see us behind in technology is a political screw up.
Yes why does Henry Blodgett get to speak on any financial topics. He should have been barred from the industry. This is the same analyst, from Merril Lynch, I believe, that touted internet stocks to the point of ridiculousness.
If anyone buys stocks now, they truly are as stupid as they look.......
Henry Blogett is clueless and a fraud. He was banned from the security's industry . He loved shares at nasdaq 5000, but is a bear 8 years later at nasdaq 2200. nasdaq is at 1998 levels Henry. The market is cheap, growth will return. This is a problem in the financial sector not the entire market. Blogett is a buffoon mr. amzn $ 1000. He has and deserves zero credibility. Henry it is easy to "follow the crowd" you sir are a "lemming"
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Betty - Tuesday March 04, 2008 10:55AM EST
all's well (!) ends better,,,,,,,,,