Good numbers were to some degree baked into the stock,
More Quotes from Kevin Rottinghaus:
Fundamentals still look like they're going to get worse before they get better and that's what keeps us on the sideline.Kevin Rottinghaus
Between PCs and handsets you've got about 35 percent of total semiconductor consumption. This is going to impact everybody in the chip sector. Nobody is outside the scope of slowing growth in those two markets,
Kevin Rottinghaus
It's all about the inventory. That's the biggest thing. The company is going to have to work through some inventory this quarter.
Kevin Rottinghaus
This is the culmination of things that started a while ago. There has been inventory building in the channel, and they have been losing market share the last few quarters, and it is starting to come to a head. This is not a sign of weakness in the market.
Kevin Rottinghaus
The wireless handset market is getting better so there is opportunity for Intel to see some growth,
Kevin Rottinghaus
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