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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

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To: sixty2nds who wrote (27922)	1/13/2006 8:57:30 AM
From: Return to Sender	Read Replies (1) of 95526

UPDATE 1-RESEARCH ALERT-Deutsche Bank cuts AMD to "sell" Fri Jan 13, 2006 08:39 AM ET (Updates with new sourcing, adds details.) yahoo.reuters.com Jan 13 (Reuters) - Deutsche Bank lowered its rating on chipmaker Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) to "sell" from "hold." The brokerage, in a research note dated Jan. 12, said it expects Advanced Micro's fourth quarter to mark the last quarter of strong momentum as its faces a significantly more competitive Intel Corp. (INTC.O: Quote, Profile, Research) . Advanced Micro will be challenged to deliver on the market's elevated expectations for 2006-07, the brokerage added. The brokerage has a $26 price target on the stock. Shares of AMD were down 2.83 percent at $34.35 in premarket trade on the Inet electronic network. (Reporting by Pradosh Choudhury in Bangalore)

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