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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (64717)	11/30/2001 8:00:12 PM
From: tejek	Read Replies (2) \| Respond to of 275872

AMD puts boot into XP sales. AMD seems to be much more appreciated over in England/Europe than here. I can't figure that one out. Did you see D. Niles Intel EPS upgrade? Indirectly, it signals good news for AMD....there's that spillover effect because of Intel production problems. _________________________________________________ RESEARCH ALERT - Lehman raises Intel estimates NEW YORK, Nov 30 (Reuters) - Lehman Brothers analyst Dan Niles raised his earnings per share and revenue estimates for Intel Corp.'s <INTC.O> fourth quarter, saying he believes the chipmaker will raise its fourth-quarter sales guidance to the high end of the range it has forecast. Niles, who has recently been skeptical about a chips recovery, raised his fourth-quarter earnings per share estimate to 10 cents from 8 cents and his sales estimate to $6.8 billion from $6.6 billion. "We believe Intel will raise their Q4 revenues guidance to the high-end of their prior range of $6.2 billion - $6.8 billion, and increase the gross margin forecast to 48 percent from 47 percent," he wrote in a note to clients. He said he expects a slight increase in average selling prices, but cautioned that he does not expect an immediate recovery. "We note that PC sales in general post Thanksgiving have been decent but not spectacular," he said. Intel stock was off 35 cents to $31.97 in morning trade. 12:00 11-30-01 Copyright 2001 Reuters Limited.