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To: Swami who wrote (45909)12/2/2000 10:50:46 AM
From: CharlieChina  Read Replies (2) | Respond to of 62348
 
Just passing through, ... some of you may want to take a note and be prepared ....

Intel suffered a slashed earnings estimate from brokerage firm Credit Suisse First Boston, which cited pressure from increased competition and slowing demand.

Rumours also swirled through the Street indicates that Intel will come out with a pessimistic earnings forecast next week. Some pro traders said the Intel rumour caused the tech negative turnaround in the afternoon trading.