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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject7/16/2001 3:08:34 PM
From: Teri Garner   of 37746
 
15:07 ET Intel (INTC) 29.47 -0.72 (-2.4%): SG Cowen thinks INTC will have to reduce guidance when it reports tomorrow; sees company reducing revenue guidance to between $6.2 and $6.5 bln vs current consensus of $6.52 bln; thinks that company's latest round of price cuts is likely to kill hopes for an end to falling ASPs in microprocessors.
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