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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sixty2nds who wrote (28767)	2/22/2006 8:33:35 AM
From: Sarmad Y. Hermiz	Respond to of 95737

Well at least they had the decency to declare a price target (20% lower). Last Friday's down-grade of INTC by RBC capital said "no bottom in sight!". So far today in the pre-market they pushed it down one percent. When institutions turn against a stock, they just keep hammering it. Until they turn again.

To: sixty2nds who wrote (28767)	2/22/2006 8:52:58 AM
From: Return to Sender	Read Replies (1) \| Respond to of 95737

ThinkEquity Partners downgraded shares of Intel Corp (INTC : Intel Corporation INTC 20.62, +0.01, +0.0%) to sell from accumulate, and cut its price target to $16 from $26. The broker believes Intel is building inventories, is losing share -- particularly in servers -- and will likely be negatively impacted by pricing cuts. Intel shares fell 0.8% in the pre-open. marketwatch.com Stock futures got a lift after data showed that U.S. consumer prices increased a larger-than-expected 0.7% in January, led by higher energy, food and housing costs. The core consumer price index, which excludes food and energy prices, increased 0.2%, as expected. RtS

To: sixty2nds who wrote (28767)	2/22/2006 10:39:34 AM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95737

Here is another writeup on the same downgrade. <<Intel shares fall after analyst cuts rating to sell Wednesday Feb 22 2006 10:29:37 EST Feb 22, 2006 (XFN via COMTEX) -- NEW YORK (XFN-ASIA) Intel Corp. shares fell more than 1% in pre-market trading Wednesday after a Wall Street analyst cut his rating on the stock to sell from accumulate. The shares fell to $20.38 after Eric Ross of ThinkEquity Partners downgraded the world's largest computer-chip maker, writing in a note to clients that he believes "Intel is building excess inventories" among the PC makers that use its chips. Intel also began a rebate program in January to boost sales, Ross wrote, and added "we believe Intel is having a tough February and is unlikely to make it up in March." Ross also lowered his sales and profit estimates for Intel's current quarter and fiscal year.>>