Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: pgerassi who wrote (123559)	9/7/2000 11:15:44 AM
From: Road Walker	Read Replies (3) of 1570647

RESEARCH ALERT-CSFB sees Intel 'demand momentum' NEW YORK, Sept 7 (Reuters) - Credit Suisse First Boston analyst Charlie Glavin said Thursday he stood by his recent upwardly revised earnings forecast on Intel Corp. (NasdaqNM:INTC - news) and urged investors to look for demand ``well into'' 2001. -- in a research note, Glavin said he believed Intel was approaching 35 million in committed processor shipments for the third quarter, with about three weeks left in the period. -- said recent Wall Street concerns about Intel stemmed from ``normal'' seasonal trends and favourable product mix shifts rather than ``incrementally negative trends.'' -- maintained a rating of strong buy with fiscal 2000 earnings estimates of $1.77 per share. -- shares of Intel were up $2-55/64 to $68-9/16 in late-morning trading on Nasdaq.

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