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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 680.59+0.6%Dec 19 4:00 PM EST
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To: Johnny Canuck who wrote (43095)2/22/2006 8:58:19 AM
From: Johnny Canuck  Read Replies (1) of 69162
 
8:25AM ThinkEquity cuts Intel to sell from accumulate (INTC) by Steve Goldstein
LONDON (MarketWatch) -- ThinkEquity Partners downgraded shares of Intel Corp. (INTC) to sell from accumulate, and cut its price target to $16 from $26. The broker believes Intel is building inventories, is losing share -- particularly in servers -- and will likely be negatively impacted by pricing cuts it will likely pursue in order to stave market share losses. Intel shares fell 0.8% in the pre-open to $20.45.
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