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Strategies & Market Trends : Classic TA Workplace
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To: At_The_Ask who wrote (39912)5/22/2002 2:27:22 PM
From: The Freep  Read Replies (2) of 209892
 
14:23 ET Intel capex rumors hitting semi equipment names (INTC) 29.06 -0.01: Hearing trading floor rumors that an analyst at a tier 1 brokerage firm will cut his Intel capital spending forecast tomorrow, perhaps by a billion to $4.5 bln. If this does occur, such a call could hit semi equipment names such as Applied Materials (AMAT 25.75 -0.59) and Novellus (NVLS 47.60 -1.22), both of which have come under pressure in recent action.
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