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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (129310)	3/6/2001 2:51:35 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Paul, do you know if Intel has lowered estimates, or if Wit Soundview has done it for them? Sounds like the latter but can't tell from the wording. 14:16 ET Intel (INTC) 32 3/16 +1 13/16 (+6%): Sources at Wit SoundView saying that firm is reducing estimates. Q3 trimmed to $0.21 from $0.23 (mean $0.21); FY01 to $0.95 from $1.10 (mean $1.04); FY02 to $1.26 from $1.37 (mean $1.32)... In its model, firm lowering gross margin assumptions, while raising operating expense forecast. Tony