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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Paul Engel who wrote (160959)3/4/2002 11:25:26 AM
From: Tony Viola  Read Replies (2) of 186894
 
Paul, thread, here's the Dan Niles comments you were alluding to. Actually not that bad for him:

09:44 ET Intel: cautious comments from Lehman-- pre-open (INTC) 30.52 -0.46: Lehman's Dan Niles issued some cautious comments on INTC before the open, saying that the co will tighten its rev range to $6.6-6.7 bln from $6.4-7.0 bln; bigger issue is current backlog cancellations in Q2, which is likely to drive a seasonally down Q2 QoQ vs current expectations of up 1%. Trims 2002 est to $0.65 from $0.67 and 2003 to $0.98 from $1.00.

Tony
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