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Technology Stocks : Semi Equipment Analysis

SOXX 306.14

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Dec 24 4:00 PM EST

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To: Return to Sender who wrote (9977)	6/5/2003 11:48:41 AM
From: Gottfried	Read Replies (2) of 95632

RtS, thanks for the Intel article. I think the analysts are making too much of a minor possible adjustment >Intel will slightly lower the midpoint of its guidance by narrowing its outlook from the range of $6.4 billion to $7 billion to a range of $6.5 billion to $6.8 billion. Likewise, in light of bearish motherboard trends, Bear Stearns expects revised guidance of $6.4 billion to $6.8 billion, implying sequential sales will fall 2%. Assuming the best-case scenario, Intel would be able to post sales slightly above the prior quarter's $6.75 billion< In the olden days we called that 'sawing sawdust'. :) Gottfried

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