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


To: Amy J who wrote (165431)5/28/2002 7:59:02 AM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
Joe Osha cut his numbers this morning on Intel from 77¢ to 75¢.

Also this morning, Osha released an AMD report entitled "Still Fighting the Good Fight". While Osha has AMD rated a neutral in the short term (vs Intel rated as a Strong Buy), reading the report you would think that the ratings were reversed.

Dollars to doughnuts that Osha upgrades AMD soon, primarily on the basis of Hammer and secondarily on the recovery of flash. Wouldn't surprise me if he downgraded Intel at the same time just for effect.