Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.22

-0.7%

Feb 9 3:59 PM EST

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To: Joey Smith who wrote (33308)	10/1/1997 11:11:00 AM
From: William Hunt	of 186894

JOEY After FEBUARY when NEW MEXICO & IRELAND come on line the following opportunity to make $3.00 will be lost . Wednesday October 1 9:59 AM EDT RESEARCH ALERT - Morgan cuts two tech stocks NEW YORK, Oct 1 (Reuter) - Morgan Stanley Dean Witter lowered its rating on Advanced Micro Devices (AMD) to outperform from strong buy, and cut TriQuint Semiconductor Inc (TQNT) to neutral from outperform, the Wall Street firm said on Wednesday. Advanced Micro announced that lower-than-expected yields for its K6 microprocessors will lead to a larger loss than anticipated, Morgan analysts said in a research note. This yield problem should continue to pressure prices for another couple of quarters. The earnings estimate for 1997 was lowered to a loss of $0.10 per share from a profit of $0.55, while for 1998 the estimate went to a profit of $3.00 from a profit of $4.00. Still can't believe they are rated outperform and INTEL is a neutral by ML. REGARDS BILL LONG INTEL

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