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


To: carl a. mehr who wrote (165459)5/28/2002 8:00:39 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Carl,

Here is another candidate:

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 Q2 rev 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, as 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.