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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (3280)	8/24/2001 8:16:29 AM
From: Jerry Olson	Read Replies (1) of 5893

Aug-01 08:00 ET Niles on PCs : In another piece of bad news for PCs (see WSJ news in 7:55 comment), Lehman analyst Dan Niles says that back-to-school demand is subdued and more consistent with Dell's (DELL) revenue forecast of a 5-10% decline than Intel's (INTC) more optimistic minus 2% to +7%. Niles cutting estimates on Advanced Micro (AMD 14.30) as a result; CY01 goes to $0.25 from $0.35 and CY02 to $0.40 from $0.80.

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