Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 44.06

-3.2%

3:59 PM EST

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To: Burt Masnick who wrote (132101)	4/11/2001 9:00:57 AM
From: Burt Masnick	Read Replies (1) of 186894

Kap, here's another opportunity to short Intel. NEW YORK (Reuters) - Shares in Intel Corp. (INTC.O) and other chip makers surged in pre-opening trading on Wednesday after Salomon Smith Barney raised its rating on the sector and the companies. Intel was up at $26.47 from a close of $24.77. Salomon Smith Barney upgraded the semiconductor sector to outperform. The firm also raised its rating on Intel, Germany's Infineon Technologies AG (IFXGn.DE), STMicroelectronics (STM.PA), Micron Technology Inc. (MU.N) and Texas Instruments Inc. (TXN.N) to buy from hold. Micron was up at $40.50 on the Instinet electronic broker system from a close of $38.10. Texas Instruments firmed to $31.98 from a close of $29.60.

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