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Technology Stocks : Intel Corporation (INTC)

INTC 37.56

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To: Paul Engel who wrote (57483)	6/8/1998 11:39:00 AM
From: Ibexx	Read Replies (2) of 186894

Paul and all, Michael Gumport (of Lehman Brothers) must be in tears to have to lower AMD's estimates: _______ Monday June 8, 11:00 am Eastern Time RESEARCH ALERT - Advanced Micro Devices NEW YORK, June 8 (Reuters) - Lehman Brothers on Monday said it lowered its earnings estimates on shares of Advanced Micro Devices Inc (AMD - news) as a result of tough chip industry conditions. -- Q2 1998 earnings per share estimate lowered to a loss of $0.38 from a loss of $0.28; 1998 full year lowered to a loss of $0.85 from a loss of $0.50; 1999 full year lowered to a profit of $1.15 from a profit of $1.45. Ibexx

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