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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (2028)	8/21/2000 2:14:41 PM
From: Scrapps	Respond to of 2882

Intel boosts chip sector By Lisa Sanders, CBS.MarketWatch.com Last Update: 10:17 AM ET Aug 21, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) - The chip sector got a boost Monday from industry giant Intel, which is expected to unveil its Pentium 4 chips later this week. Intel (INTC: news, msgs) jumped 4.2 percent, or 2 15/16, to 73 1/2, out of the gate Monday. The super-fast chips are designed to speed up desktop computing to 1.4 gigahertz, fast enough for video to be compressed into data packets in real-time and then sent over the Internet. See full story. Following suit, the Philadelphia Semiconductor Index (SOX: news, msgs) added 10.18 to 1145.00. Analog Devices (ADI: news, msgs) was trading 3/4 higher to 95, while Applied Material (AMAT: news, msgs) was unchanged at 83 15/16. On the downside, Texas Instruments (TXN: news, msgs) shed 5/8 to 70.