We continue to believe this is a second half story, but need to see revenue growth return year-over-year given this is the third-quarter in a row of revenue estimate reductions.
More Quotes from Daniel Niles:
the second quarter was the inflection point for both revenue and earnings-per-share growth.Daniel Niles
We believe that since Intel's pre-announcement in early December that consumer and commercial demand has continued to get worse with commercial showing the most disturbing trends. In addition, we believe that servers, which had actually been on track for part of the quarter, saw some softening that we believe is related to corporate IT budget stretch outs.
Daniel Niles
We've seen this how many times already this year -- three ... A lot of these names could have 50 percent downside from here. Our big issue is, are the sequential declines (in revenue) over I'd say no.
Daniel Niles
We believe both revenue growth and margins are within the range of guidance given in the third-quarter earnings release and feel comfortable with our estimates for the fourth quarter.
Daniel Niles
It seems as though more aggressive pricing is not spurring much of an increase in demand, resulting in a trade-off between profitability and revenue growth.
Daniel Niles
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