Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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To: Tony Viola who wrote (37139)	9/5/2000 11:12:12 AM
From: Proud_Infidel	Read Replies (1) of 70976

Tony, Yeah, I'll be interested in seeing why the downgrade came; whether it was that he sees INTC primarily as a MPU maker and he sees a slowdown in PC's, or whether he sees a broader slowdown in demand for all chips. Either way, I am not selling because I see things differently than most technology analysts. BK RESEARCH ALERT- Intel cut to "buy" NEW YORK, Sept 5 (Reuters) - US Bancorp/Piper Jaffray said on Monday that analyst Ashok Kumar lowered his investment rating of No. 1 chip maker Intel Corp. (NasdaqNM:INTC - news) to ``buy'' from ``strong buy.'' -- Kumar maintained his earnings estimate for Intel at $1.57 per share for 2000. Further details were unavailable. -- The stock was down $2-7/8 at $71-1/16 in Nasdaq stock market trading on Tuesday morning.

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