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

To: Road Walker who wrote (176575)	1/16/2004 4:45:39 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

I feel almost as bad with the Jan 30's that I bought in June.

To: Road Walker who wrote (176575)	1/16/2004 4:53:42 PM
From: The Duke of URL©	Respond to of 186894

Old news? Intel "outperform" Friday, January 16, 2004 6:30:16 AM ET Piper Jaffray NEW YORK, January 16 (New Ratings) – Analyst Ashok Kumar of Piper Jaffray maintains his "outperform" rating on Intel (INTC). Shares of Intel, a leading provider of microprocessors worldwide, are currently trading at $33.39. According to Piper Jaffray's research note published yesterday, the company's December quarter results were in-line with the estimates. Intel posted revenue growth of 12% quarter-over-quarter and 22% year-over-year, the analyst says. The EPS for the quarter was marginally higher than the estimates due to lower tax expenditures and improved margins, the analyst adds. According to Piper Jaffray, the company is likely to launch its new processor during the June quarter. The analyst believes that the delay in the launch is due to the speed or efficiency issues with the new processor and not on account of any functional problems. Intel's annual capital expenditure growth is likely to be flat in 2004, the analyst says. However, the flat capex is not expected to benefit the company’s stock performance until 2005, Piper Jaffray says. Piper Jaffray maintains its "outperform" rating on Intel.