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

To: John F. Dowd who wrote (162574)3/20/2002 9:31:20 AM
From: L. Adam Latham  Read Replies (2) | Respond to of 186894
 
JFD:

Here's another possible reason for the negative for INTC today from Dow Jones Newswires:

"U.S. chip giant Intel Corp. (INTC) fell $1.17, or 3.6%, to $30.55 on news that Japan's top five chip makers are considering teaming up in a governmentbacked project to develop nextgeneration semiconductors in a move to be more competitive with European and American rivals."



To: John F. Dowd who wrote (162574)3/20/2002 10:42:59 AM
From: willcousa  Respond to of 186894
 
As a cynic I think this all comes down to how the firms are spinning it to their customers and perhaps some judicious trading to take advantage of the situation.


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