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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.37+1.4%12:47 PM EST
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To: Climber who wrote (81118)9/21/2000 9:06:43 PM
From: Ruffian  Read Replies (1) of 152472
 
09/21/2000

Sudeep Balain, an analyst at Chase H&Q, said Intel's projected shortfall is specific to Intel
and
not an indication of overall PC demand. Balain pointed to comments by Michael Dell, Dell
Computer Corp.'s (DELL)
chief executive, that computer demand is "healthy" for the third and fourth quarters.

"There is no question Intel is losing market share and is getting pressure from AMD,"
Balain
said. The analyst said that weak demand in Europe can account for some of the shortfall,
but isn't the
sole reason for the warning.
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