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The Day Ahead: Kumar Versus Brocade
News Say what you will about USB Piper Jaffray analyst Ashok Kumar, but he doesn't run with the herd. With shares of Brocade Communications trading near 52-week highs amid stellar third quarter results, Kumar hasn't been able to find anything nice to...
[August 22, 2000, 11:59]
AMD K6 Design Chief Quits
News It was kind of evident at the analysts' meeting last week in Santa Clara what was happening," said Ashok Kumar, an analyst at Loewenbaum & Co. Ashok said the demotion, which took place in mid-September, meant that Dham was no longer running the...
[November 13, 1997, 15:28]
The Day Ahead: Intel Call Boosts Kumar's Cachet
News USB Piper Jaffray analyst Ashok Kumar flagged Intel a few weeks back on concerns about corporate sales and troubles in Europe and Japan. Intel shares slid on Kumar's downgrade, but other analysts stuck to their "strong buy" guns.
[September 26, 2000, 13:11]
Analyst, Broadcom Slate Intel
News Analyst Ashok Kumar dropped the stock to "buy" from "strong buy," citing weakening demand for the chipmakerÂ’s products. But Kumar has been known to go against the grain. The stock's recent advances are negligible compared to advances over the last...
[September 6, 2000, 8:21]
AMD Drops On Downgrade
News US Bancorp Piper Jaffray analyst Ashok Kumar said in a note that the firm could lose share during its transition from K6 to Duron processors. While the budget processor was launched in June, it has largely missed the back-to-school market and will...
[August 7, 2000, 15:31]
AMD Melting Under Price War - Analyst
News Advanced Micro Devices' withdrawal from two investment conferences may indicate the chipmaker is wilting under a price war from Intel, according to Piper Jaffray analyst Ashok Kumar. Although the company gave no explanation, that didn't stop Kumar...
[February 4, 1999, 14:29]
Compaq Tops Q4 Estimates, But Shares Slip
News It was a lacklustre quarter, as a whole," said Ashok Kumar, analyst at Piper Jaffray who rates the company a "buy. Service revenue rose about 5 percent from the previous year PC sales were also in line with expectations, said Kumar.
[January 27, 1999, 15:53]
AMD To Cut 10 Percent Of Workforce
News Analyst Ashok Kumar of CRT Capital Group said a weakening economy and tough competition from larger rival Intel were behind AMD's revenue shortfall. And then there's some [market] share loss that has contributed to the greater-than-expected...
[April 8, 2008, 8:33]
Compaq Woes To Continue In Q2
News Ashok Kumar, an analyst with USB Piper Jaffray, said in a recent report that Compaq's woes were its own doing. For the current quarter, demand in the retail channel remains robust," said Kumar. In a June 8 report, Kumar lowered his profit...
[June 17, 1999, 13:57]
The Day Ahead: Dell's Doubters Emerge After Weak Sales
News For reference, Ashok Kumar, an analyst at USB Piper Jaffray, projected revenue of $7.85bn. Last week, Kumar downgraded Dell and said the company's "current revenue growth guidance of 30 percent is unsustainable".
[August 11, 2000, 13:39]
Intel Lays Siege To Server Chipsets
News On Monday, US Bancorp Piper Jaffray analyst Ashok Kumar said Dell and Hewlett-Packard, the top sellers of servers with Intel processors, have agreed to use Lindenhurst and Twin Castle in their servers to be released next year.
[July 29, 2003, 9:56]
US Report: AMD Loses £39m In Second Quarter
News Ashok Kumar, an analyst at Piper Jaffray, on Wednesday downgraded the stock to a "neutral" rating and lowered his earnings expectation for fiscal 1998 from a profit of 4 cents a share to a loss of $1 a share.
[July 9, 1998, 10:56]
The Day Ahead: Dell Hustling To Prove Critics Wrong
News Analysts such US Bancorp Piper Jaffray's Ashok Kumar downgraded the stock following the results. Kumar also cut his second-half sales estimate from $18.5bn to $17.5bn and earnings estimate from 53 cents a share to 51 cents a share.
[September 21, 2000, 12:20]
Gateway Stumbles In Q2
News However, a large sales volume could partially offset the drop in average selling price, said Ashok Kumar, analyst at Piper Jaffray, who maintains his "neutral" rating. For the third quarter, Gateway's guidance for a 50 cents a share profit could...
[July 24, 1998, 15:32]
Intel Slashes 5,000 Jobs
News There is massive inventory and demand has completely collapsed," said Ashok Kumar, an analyst at US Bancorp Piper Jaffray. Kumar added that Intel's decline cannot be attributed to gains by rival Advanced Micro Devices.
[March 9, 2001, 7:39]
Intel Vows Deeper Price Cuts
News But the company will pay a price for that, and has already paid a price as its average selling price [per product] was down 8 percent in the second quarter," said Ashok Kumar, an analyst with US Bancorp Piper Jaffray in Minneapolis.
[July 18, 2001, 15:48]
Hot E-commerce Picks; AMD About-face
News Ashok Kumar, a longtime AMD critic and analyst at Piper Jaffray, actually upgraded the stock from a "neutral" recommendation to a "buy" this week. Kumar said he expects AMD to earn 5 cents a share in its fourth quarter on sales of about $1bn, well...
[January 10, 2000, 10:39]
HP Seeks New Support For Compaq Deal
News Ashok Kumar, an analyst at U.S. However, ISS Senior Analyst Ram Kumar said that ISS has yet to even schedule its meetings with company management or with opponents of the deal. With the Hewlett and Packard families lined up against its acquisition...
[December 11, 2001, 14:45]
Itanium Vs UltraSparc: First Tests
News Piper Jaffray analyst Ashok Kumar believes Intel ultimately will succeed. Itanium itself is a solid product, but it doesn't blow the doors off the competition, as Intel had initially hoped (and hyped)," Kumar wrote in a report Wednesday.
[May 31, 2001, 9:13]
Compaq Restructures, Anticpates Q2 Loss
News Ashok Kumar, an analyst with USB Piper Jaffray, said in a recent report that Compaq's woes were its own doing. For the current quarter, demand in the retail channel remains robust," Kumar wrote. In a June 8 report, Kumar lowered his profit...
[June 18, 1999, 9:34]
