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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: Jacob Snyder who wrote (129637)	3/9/2001 12:39:04 AM
From: Amy J	Read Replies (1) of 186894

Thread, "If not, it would be the first year in the history of the PC industry that the overall number of units shipped shrank." dailynews.yahoo.com ... ``Right now, I can't look at the worldwide or Intel economy and give you a lot of hope,'' Bryant said on a conference call. ''We see weakness in all Intel products -- flash, networking silicon and microprocessors.'' ... US Bancorp Piper Jaffray analyst Ashok Kumar said he now believes PC unit shipments will likely tumble 20 percent in the first quarter from the fourth, meaning that unit shipments must rise a hefty 30 percent in the second half to generate growth. If not, it would be the first year in the history of the PC industry that the overall number of units shipped shrank. ... Niles also pointed to Grove's comments on the Tuesday conference call his firm hosted that the current downturn reminded the chip veteran more of the semiconductor crash of 1985 than of the one that began in 1996. Starting in 1985, Intel had five out of six quarters in which sales fell sequentially, Niles said. ---------

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