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

To: ColtonGang who wrote (131829)	4/6/2001 4:11:51 PM
From: Joseph Pareti	Respond to of 186894

oops did Meeker miss THAT ONE TOO ? Dan Niles, an analyst at Lehman Brothers, was the most bearish on the chip industry at the FSA event, saying that the chip market may be weak for a couple of years. He says chipmakers shouldn't have been so surprised by the rapid deterioration of the market. "The signs were there -- with the dot-bombs, the weakness in the PC market in October -- but a lot of the communications chip makers ignored it," Mr. Niles said. "Now the PC industry has worked off a lot of its inventory, but the communications companies still have a lot. This is going to be painful and last a while."