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Strategies & Market Trends : The Amateur Traders Corner
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To: thestockrider who wrote (10144)6/1/2001 11:57:24 AM
From: Tom Hua  Read Replies (1) of 19633
 
11:41 ET CIO Survey : The San Jose Mercury News reported this morning that a new May survey of 260
CIOs by CIO magazine reveals that tech spending over the next 12 months is expected to increase just 3.8%,
down from 7.2% in the April survey and indicative of continued deterioration in spending plans.

12:04 ET Intel (INTC) 28.28 +1.27: -- Update -- Hearing from sources at Lehman that Dan Niles is
responding to Robertson Stephens' positive comments this morning that June motherboard shipments will be flat
with May; Niles says that June shipments should be up 5-10% due to seasonal factors and if they are only flat,
then demand is even worse than he expected.
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