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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who started this subject6/19/2002 2:41:17 PM
From: Box-By-The-Riviera™   of 436258
 
2:00 (Dow Jones) Wedbush Morgan keeping hold rating on Intel (INTC) and
leaving its second half 2002 and full-year 2003 forecasts intact, despite big
shortfall from AMD. Says checks with other chip suppliers to PCs indicates at
worst the 2Q is slightly worse than seasonal (which is Intel's view) and is
nowhere near the 20%-plus drop in unit volume implied in AMD's news. INTC off
6.2% at $20.66, worst acting on DJIA. (TG)
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