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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (37158)	9/6/2000 7:12:31 PM
From: Mephisto	Read Replies (2) \| Respond to of 70976

What's going on with this analyst Kumar who downgraded Intel. I don't follow Intel, but I've read that their inventory is tight. Brian, what do you think? Mephisto "Shareholders ……………………. ignored a report from the Semiconductor Industry Association that worldwide sales of chips surged to a record $17.3 billion in July, up 50 PERCENT from the same month a year earlier. A positive analyst report from Merrill Lynch on the outlook for semiconductor sales also failed to shore up demand for the stocks. The above excerpt from an article entitled: Hardware stocks drop as Intel slumps By Martin Cej, CBS.MarketWatch.com cbs.marketwatch.com