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Technology Stocks : Intel Corporation (INTC)
INTC 36.62-0.6%2:16 PM EST

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To: jmac who wrote (96875)1/20/2000 12:38:00 PM
From: Yaacov  Read Replies (1) of 186894
 
Just heard on CNBC that there was a rumor that Soundview downgraded INTC. CNBC confirmed that the rumor was untrue. But, INTC has not rebounded. "

Read my earlier post! I had heard the same rumor this morning at Credit Swiss in Geneva, but had nothing to do with INTC but the sector! The internal report criticized Bank of Boston for their open ended indorsment of the sector (not intc.) and believed that the growth in the sector could slow-down.

Seems like GE has to take a serious look at CNBC! People got fired at CNN for less and CNBC keeps emitting incorrect information!
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