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Tuesday, January 13, 2009

Nvidia (NVDA) much worse than previewed

As discussed here Friday and yesterday, Nvidia was giving off some poor body language at CES. Analysts were cautious, saying they'd probably miss their guidance by 10-15%. Whoops. They're guiding down a whopping 40-50% q/q. I suggested shorting it Friday (and yesterday). I was not thinking the number would be this horrendous. I'd let analysts hack at numbers and comment before covering.


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