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Technology Stocks : INTC
INTC 41.03-0.8%12:01 PM EDT
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To: Jules B. Garfunkel who wrote (902)10/14/1998 1:00:00 PM
From: Richard Forsythe  Read Replies (1) of 990
 
Here's something from Briefing.com:

Update-- In a CNBC interview, SG Cowen semiconductor analyst Drew Peck notes that Intel's qtr benefitted from inventory restocking, which suggests that end-user demand not as strong as its numbers suggest. Says while Intel doing a great job, Peck is concerned that poor economy could nullify efforts. INTC currently indicated 7/8 lower.

It's baloney, but there you go. CPQ is up on less than stellar results too...

Richard
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