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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (77373)10/27/1999 4:28:00 PM
From: tejek  Read Replies (7) of 1572779
 
I GUESS THIS PRETTY ANSWERS MY QUESTIONS:

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Intel Corp. (INTC) fell 1 11/16, or 2.8 percent, to 58 after analyst Charles Glavin at Credit Suisse First Boston lowered his earnings forecast on the No. 1 semiconductor maker. Intel's second-quarter profit should be about 53 cents a share, the bottom of the range that the company has guided analysts to, because of lower prices for chips and lower shipments, said Glavin, who rates the stock a ''buy.'' Intel's new Coppermine chip will be delayed to November from September, Glavin said. He cut his 1999 profit estimate to $2.25 from $2.32 and his 2000 forecast to $2.55 from $2.65.
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NOTE WHERE THE ANALYST SAYS THAT THE CUMINE WILL BE DELAYED UNTIL NOVEMBER.

I WONDER IF THERE WILL BE A MGMT SHAKEUP AT INTC?

TED
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