Cisco's inability to reduce its inventory after the October quarter when revenues grew 14 percent quarter over quarter and inventory grew by 59 percent quarter over quarter reaffirms our view that we have not yet seen the worst of the inventory correction for semiconductor suppliers.

Dan Niles

Grew Inability Inventory Its October Percent Quarter Reduce Revenues When

Related Quotes

Intel sees no signs of a pickup and would not call this quarter the bottom for revenues. We do not think the bottom will be reached until the summer, at the earliest, and remain cautious on the stock.

BottomCallIntel

The supply situation will likely get worse in the first half, while demand looks sluggish at best, with large inventory levels in the supply chain.

BestDemandFirst

We believe that demand is now likely to exceed Intel's processor supply now through the third quarter and possibly into the fourth quarter.

BelieveDemandExceed

Dell reaffirmed their guidance for the third quarter, but gave no guidance going forward. They also said that industry growth for the third quarter was going to be worse than expected.

DellForwardGave

We're getting to the latter half of the year. and typically, the industry sells close to 20 percent more PCs in the second half versus the first half. People are getting ready in anticipation of a much stronger second half of the year.

CloseHalfIndustry