http://www.moneymorning.com/2009/04/15/walmart-intel-earnings/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://www.moneymorning.com/2009/04/15/walmart-intel-earnings/comment-page-1/#comment-20098 DK Fri, 17 Apr 2009 19:24:22 +0000 http://www.moneymorning.com/?p=6931#comment-20098 I completely agree with the comment above. LAZY REPORTER. Don Miller, you should spend some time at journalism school instead of making these crappy, inaccurate, sensational headlines for the sake of attracting readers. I completely agree with the comment above. LAZY REPORTER. Don Miller, you should spend some time at journalism school instead of making these crappy, inaccurate, sensational headlines for the sake of attracting readers.

]]> http://www.moneymorning.com/2009/04/15/walmart-intel-earnings/comment-page-1/#comment-20050 David Thu, 16 Apr 2009 22:06:43 +0000 http://www.moneymorning.com/?p=6931#comment-20050 This is just lazy reporting that is exacerbated by scary headline. The Intel results do reflect a downturn in the economy and there is no denying that. They do need to be considered in the context that Q1 is always seasonally down on the previous quarter. In addition, there the results were better than the "expert analysts" had predicted. Also, bear in mind that the company still made a profit greater than $600m when some had expected a loss and consider that the core trading operations are still highly cash generative. Listen carefully to what the CEO says and inject some trust in his words; trust that is valid if you track back and see that the company invariably delivers to what he predicts. There may be no formal guidance but he was explicit that Q2 will be essentially flat to Q1. One data point does not make a trend but the results and the commentary should be seen as neutral to encouraging rather than dismal or full of gloom. Miller gets an F or effort and an F or independent thinking. Wall Street Bankers and crackpot analysts have caused terrible turmoil in the global economy since 2000. Copy cat, sensationlist journalism hasn't helped one iota. This is just lazy reporting that is exacerbated by scary headline.
The Intel results do reflect a downturn in the economy and there is no denying that. They do need to be considered in the context that Q1 is always seasonally down on the previous quarter. In addition, there the results were better than the “expert analysts” had predicted. Also, bear in mind that the company still made a profit greater than $600m when some had expected a loss and consider that the core trading operations are still highly cash generative.
Listen carefully to what the CEO says and inject some trust in his words; trust that is valid if you track back and see that the company invariably delivers to what he predicts. There may be no formal guidance but he was explicit that Q2 will be essentially flat to Q1.
One data point does not make a trend but the results and the commentary should be seen as neutral to encouraging rather than dismal or full of gloom.
Miller gets an F or effort and an F or independent thinking.
Wall Street Bankers and crackpot analysts have caused terrible turmoil in the global economy since 2000. Copy cat, sensationlist journalism hasn’t helped one iota.

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