Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 41.55

+0.1%

2:20 PM EDT

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To: Sonny McWilliams who wrote (26988)	11/8/2001 8:33:08 PM
From: Sonki	of 27012

Hi all, news on semi stks ! these analysts are such a joke. I can almost predict them. Salomon Smith Barney added INTC to its recommended list and removed Texas Instruments (TXN 31.91 +0.06)... Separately, Robertson Stephens said that Intel appears unable to quickly resolve production issues for Pentium 4 that could serve to slow the transition from Pentium III and limit improvement in gross margins; Robbie believes stock is fully valued at current levels. Tech (MU) 26.91 +1.01: Salomon Smith Barney analyst Jon Joseph notes a slight firming in spot DRAM prices; says that while it's too early to know how sustainable the move is, this may be one more missing sign of a cyclical group recovery. AMAT) 38.40 -0.94: Banc of America Sec thinks semiconductor equipment industry is bottoming, but does not see a recovery until late 2002 at the earliest. More importantly, no signs of a major application driver, which argues that recovery could be modest compared to last 1-2 cycles. Thinks volatile stock will provide additional entry points; firm would be a buyer in the $28-$30 range. JP Morgan on Semiconductor Equipment : Heard from sources at JP Morgan that the firm is saying to take profits on chip equipment names after their recent run up; specific names mentioned include KLA-Tencor (KLAC -3.5%), Applied Materials (AMAT -2.4%) and Novellus Systems (NVLS -1.8%). chat w. ya all later.

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