Short sellers curb Intel bets ahead of second quarter results; tone cautious

By Noel Randewich SAN FRANCISCO (Reuters) - Wall Street expects bad news when Intel Corp reports its second-quarter results on Wednesday although a few short sellers appear to believe the worst is over for the chipmaker's recently sinking stock. Signs of weak demand for personal computers have taken a toll on the shares of Intel ahead of its quarterly report due after the market's close, with Wall Street expecting a year-over-year dip in quarterly revenue for the first time since 2013.