Compaq Message Board - Msg: 14342719

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Technology Stocks : Compaq

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To: Night Writer who wrote (84656)	9/7/2000 11:41:29 AM
From: Tony Viola	Read Replies (1) of 97611

Here's another related piece, about Intel microprocessor shipments this quarter. Charlie Glavin of CSFB expects 35 million this quarter. Sounds like a lot, trying to find out what they did last quarter. biz.yahoo.com Thursday September 7, 11:14 am Eastern Time 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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