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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: semiconeng who wrote (124053)1/3/2001 8:26:02 AM
From: michael97123  Read Replies (2) of 186894
 
Intel slips in premarket as Lehman cuts EPS view

NEW YORK, Jan 3 (Reuters) - Shares in Intel Corp. (NasdaqNM:INTC - news) slipped
in preopening trading on Wednesday after Lehman Brothers cut its outlook for 2001
earnings per share for the world's largest semiconductor maker.

Intel, a component of the Dow Jones industrial average (^DJI - news), was down at $30 on the Instinet electronic broker
system from a Tuesday closing price of $31-1/16.

Lehman Brothers trimmed its estimate for 2001 earnings per share to $1.30 from $1.40 and cut its 12-month price target to
$40 from
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