“We view comments as relatively positive considering several recent negative calls by competitors.”
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“We believe downside risk is limited and encourage investors to accumulate shares.”
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“Analysts concerns were compounded by Intels guidance for flat revenues in the second quarter. Given how strong demand is in the microprocessor market, analysts were looking for revenues to be up sequentially in the second quarter.”
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“TI will beat the numbers. The question is how much do they need to beat the estimates by in order to keep the stock going up. Thats a tough thing to call.”
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