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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.3%

12:59 PM EST

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To: Paul Engel who wrote (152413)	12/13/2001 1:00:26 PM
From: wanna_bmw	Read Replies (2) of 186894

Paul, I've noticed that "economic worries" have decided to plague Wall Street yet again today (as I knew they would). AMD has fallen more than 10% after Prudential downgraded the stock. I've been wondering what it has been doing at $18 for a while now. I guess it got a little too far ahead of itself? biz.yahoo.com RESEARCH ALERT-Prudential cuts AMD to 'sell' NEW YORK, Dec 13 (Reuters) - Prudential Securities said it cut its investment rating on chipmaker Advanced Micro Devices Inc. (NYSE:AMD - news) Thursday to ``sell'' from ``hold.'' Analyst Hans Mosesmann, in a research note, said he believes that the current demand strength is more related to Intel P4 shortages rather than true demand for the Athlon XP. ``P4 shortages are likely to abate in the first quarter and will likely lead to market share losses and/or average-selling-price pressure for AMD for the next several quarters,'' he wrote. ``While we believe AMD has the smallest processor die sizes and excellent price/performance, our concern is in the company's likely inability to control its processor pricing segmentation model.'' Mosesmann maintained his $10 price target. wbmw

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