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

To: Road Walker who wrote (140916)	8/6/2001 7:52:55 AM
From: puborectalis	Read Replies (3) \| Respond to of 186894

Intel plans 'price bomb': Lehman (INTC, AMD) By Emily Church Intel Corp. (INTC) is planning to drop a "price bomb" on Aug. 26 in an effort to take back market share from rival Advanced Micro Devices (AMD) , Lehman Brothers analyst Daniel Niles tells clients overnight. Intel is planning to cut prices by 50 percent on high-end PIVs and will try to move the processor market above AMD's highest megahertz offering, the analyst said. He expects the price for the high-end PIV 1.8 GHz to drop to $260 from $562, and that the low end will be cut as well. Further cuts are anticipated in October if merited, he told clients. "For those who thought the price war was already aggressive, you haven't seen anything yet," Niles said. AMD has increased its share against Intel from 13 percent to 21 percent over the past two years, Lehman said. Shares of both chip makers were slightly lower in pre-open trading from the Friday close in light volume, according to market makers at Madoff Securities on Monday.

To: Road Walker who wrote (140916)	8/6/2001 9:40:28 AM
From: Mary Cluney	Read Replies (4) \| Respond to of 186894

John, <<<Intel, AMD edge lower in pre-open Chip price war to heat up, analyst says>>> I don't think the market is as efficient as GVTucker would have us think. Jonathan Lebed proved that a high schooler from New Jersey could in his spare time, after school, influence the stock market. I think AMDroids are trying very hard to do the same thing and succeeding. Of course, over the longer term, things kind of even out. Same thing is going to happen here. The general perception is that Intel is feeling the pressure from AMD competition. Fundamentally, I don't think so. Intel has never been in a stronger position vis a vis competition with AMD. There is a lag between Wall Street perceptions and what is actually happening. Intel is feeling the heat from a poor economy - but that will change. Also, if JJ thinks semiconductor sector has bottomed and is turning around - that can't happen if Intel is going in the opposite direction. My feeling about Dan Niles is that he has lost his way. He was a hard working analyst when he first came out, but now he thinks he is a media darling. He is trying to rub elbows with Willow Bay and Maria Bartiromo. The Chart on Intel looks terrific. Mary