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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (72108)	5/28/2002 2:44:56 PM
From: Sully-	Read Replies (1) \| Respond to of 99280

14:43 ET Intel: cautious comments by Lehman (INTC) 28.05 -0.61: -- Update -- Dan Niles at Lehman believes that INTC will tighten their prior guidance of $6.4-$7.0 bln toward the lower end of that range during their June 6th update; says Q2 should be more backend-loaded than originally expected, and PC demand continues to be poor, 845G is hampered by lack of consumer and IT mgr recognition, and severe price cuts are still pressuring avg selling prices. Firm is cautious, saying the stock is expensive going into the summer.