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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Arik T.G. who wrote (11804)7/16/2001 3:39:49 PM
From: Chris  Read Replies (1) of 52237
 
15:24 ET Adobe Systems (ADBE) 39.60 -0.78 (-1.9%): Goldman Sachs beginning to warm up to the stock. While expects ADBE to trade sideways for the summer months, thinks downside risk makes the name more attractive given that other software companies' downside risk is
more meaningful going into the SeptQ. Sees stock rebounding to mid-to-high $40s entering the NovQ.
15:07 ET Intel (INTC) 29.47 -0.72 (-2.4%): SG Cowen thinks INTC will have to reduce guidance when it reports tomorrow; sees company trimming revenue outlook to between $6.2 and $6.5 bln vs current consensus of $6.52 bln; thinks that company's latest round of price cuts is likely to kill hopes for an end to falling ASPs in microprocessors.
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