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

To: John F. Dowd who wrote (162571)	3/20/2002 8:57:18 AM
From: John F. Dowd	Read Replies (2) \| Respond to of 186894

Found it:7:32AM Intel: Solly sees modest Q2 rev decline, cuts estimates (INTC) 31.72: Salomon Smith Barney believes that INTC could record a modest seasonal decline in Q2 revs, which will likely feel the impact of a booking correction as the P4 comes off allocation as well as flat prices due to April/May price cuts. Lowers Q2 rev/EPS ests to $6.7 bln/$0.14 from $6.9 bln/$0.16, 2002 to $29.1 bln/$0.70 from $29.8 bln/$0.72, and 2003 to $36.6 bln/$1.30 from $38.4 bln/$1.50. Maintains Buy rating and $45 price target. JFD