Daniel Niles Quotes

We believe the semiconductor inventory correction is far from over.

- Daniel Niles

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Semiconductor | Inventory | Correction |

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Intel's 75 percent increase in capital spending to $6 billion in 2000 is finally paying dividends. We believe that Intel now has the capacity to ship 15 percent more processor units quarter-over-quarter. We also believe that average selling prices are very firm for the third quarter. - Daniel Niles

We reiterate our buy rating with a $55 price target. - Daniel Niles

We believe PC demand in the last two weeks of December was terrible, leading to lower expectations for 2001. - Daniel Niles