Companies are making due with what they have

He's been pretty sharp on the matter, eviscerating Tiger in his monologue for not escaping in a Ford Bronco.. Check out the original Tiger Woods Jokes: The Best Jokes We've Heard So Far!. Lopez continued with the OJ attack by bringing on Kato Kaelin as a career advisor to Woods' mistresses Nice.. semiconductor maker Intel Corp warned that its fourth-quarter revenue would lag expectations, further slashing estimates that it had already cut once in November. Technology Hot StocksIntel shares were down 78 cents, or 5.1 percent at $14.59 in early trading on the Nasdaq.The following is reaction from industry analysts and investors:KIM CAUGHEY, SENIOR ANALYST, FORT PITT CAPITAL GROUP, INPITTSBURGH, WHICH MANAGES ABOUT $800 MILLION THE FIRM DOES NOTHOLD INTEL SHARES"It's not a huge surprise In their mid-quarter update they had said it was soft.

Over the past couple of days I have seen a lot of sell side analysts bringing down their expectations for the PC-oriented part of technology.""Intel is probably still well positioned, given their strong balance sheet.""Intel has seen this too. They've taken some steps in the recent past to skinny down expenses.""It shows that IT departments are being very careful with their dollars We would still expect purchasing to go on. I don't think it's going to go to zero.""PCs are kind of nodes They are out at the end of the chain. it looks like money is still being spent on the data center.""The contracts that companies like CA, BMC and IBM write for businesses span several years, so it's annuity spending.

Just because things are getting bad, it doesn't mean you can get out of those contracts. Anybody who has an annuity like revenues would probably be a good place to look for tech value at this point."TIM GHRISKEY, CHIEF INVESTMENT OFFICER, SOLARIS ASSETMANAGEMENT, IN BEDFORD HILLS, NEW YORK, WHICH MANAGES ABOUT $2BILLION,"Clearly we are going to be in an ugly period for corporate earnings. That shouldn't be a surprise to anybody."I think we are going to see announcements like this throughout the earnings season and this preannouncement period. Companies are making due with what they have."FRANCIS CAMPEAU, BROKER AT MF GLOBAL CANADA, IN MONTREAL:"There is still a lack of visibility. When these guys are running very large corporations and they have a hard time hitting that target for sales, it tells you the market is still on very shaky ground.""It means the market is harder to predict, so volatility might bounce back a bit and the Santa Clause rally may fade today. Forward guidance is still very tough to make."WALTER TODD, PORTFOLIO MANAGER, GREENWOOD CAPITALASSOCIATES, GREENWOOD, SOUTH CAROLINA, WHICH OWNS INTEL SHARES:"If you are surprised by this news, then you've been on a desert island We all know the economy is weak.

If you're holding them today it's because this is a leading industry player with a great balance sheet and longer-term it will really look great. But 2009 for Intel and others in technology, and outside of technology, will be a very rough earnings year."BEN WALLACE, SECURITIES ANALYST, GRIMES & COMPANY,WESTBOROUGH, MASSACHUSETTS"The great thing that we're looking at with technology in general is that on the one hand you have the slowing demand, slowing fundamentals, but on the other hand compared to where we were eight years ago you don't have any of the valuation issues.""My sense is that people aren't really surprised by slowing revenue, slowing profits right now.""We don't spend a lot of time worrying about the balance sheets of these companies, we think there's the ability to hang in there.""The fact that technology is slowing is not a shock to anyone... but two warnings in one quarter isn't the best thing it speaks to the speed at which things have slowed."(Reporting by Dan Wilchins, Jim Finkle, Jonathan Spicer and Elinor Comlay) Technology Hot Stocks. The deal will be officially announced once medical records check out.Here is the breakdown of the trade.Yankees receive: Curtis GrandersonTigers receive: Phil Coke, Austin Jackson, Max Scherzer, and Daniel SchlerethDiamondbacks receive: Edwin Jackson and Ian Kennedy.My initial take on this trade is great for the Tigers, very good for the Yankees, awful for the Diamondbacks.When I wrote my “Curtis Granderson: What’s His Trade Market” piece a couple of weeks ago, I had the Yankees as a likely destination for the Tigers’ center fielder. As a matter of fact, I also had the Diamondbacks on that list as well.Granderson should do extremely well in New York, both on and off the field. He is very smart, well spoken, and could see his life outside the game grow.Despite his OPS declining three straight years (.913 to .858 to .780), Granderson should thrive in the Yankees’ lineup. Plus, with his new power approach at the plate, Granderson should find the right field at the new Yankee Stadium more appealing than Comerica Park.The trade for Granderson also gives the Yankees a lot of options moving forward.