5 posts and columns on American Technology Research

Intel: Stuffing Channel With Inventory, Says AmTech

in News on January 6, 2009 at 1:38 pm PT

Douglas Freedman of American Technology Research put out a note this morning theorizing that Intel is “aggressively filling the channel” with inventory to “incentivize” PC makers and distributors to get rid of inventory.

Blue Nile: Will They Miss Q4?

in News on December 17, 2008 at 10:24 am PT

Crazy recession. It’s gotten so that people have cut back on buying diamonds for the last few months–enough to put the near future of online diamond retailer Blue Nile in jeopardy. Jewelry retailers in general had a “horrid” October and November and expect an even worse December–some couples are even postponing their engagements because of job insecurity and economic uncertainty.

Apple: Kaufman Bros. Starts Coverage With Buy Rating

in News on November 25, 2008 at 10:03 am PT

Kaufman Bros. analyst Shaw Wu believes that Apple’s market share is still small enough relative to the overall PC and cellphone markets that there’s room for significant growth in both the Mac and iPhone businesses. He expects the company to earn $5.05 a share in FY 2009 on revenues of $35.5 billion.

Amazon: Lower Guidance a "Virtual Certainty"

in News on October 10, 2008 at 11:05 am PT

Amazon (AMZN) shares continue to retreat amid a flurry of Street estimate and price target reductions. Tim Boyd, American Technology Research: Boyd, who has a Sell rating on the stock, today cut his price target to $45 from $60. He says that a guide down for the Q4 is a “virtual certainty” given the 11 percent rally in the dollar since the company last reported.

AmTech Trims Apple Estimates

in News on September 12, 2008 at 10:36 am PT

Apple shares are down sharply today after American Technology Research analyst Shaw Wu cut his estimates on the company for both this year and next year. Wu cut his forecast for the September 2008 fiscal year to $5.29 from $5.34; for FY 2009 he goes to $6.15, from $6.35.