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

To: matt dillabough who wrote (183962)	4/4/2006 9:46:20 AM
From: matt dillabough	Read Replies (1) \| Respond to of 186894

INTC Intel tgt cut to $21 from $22 at UBS (19.35 ) UBS cuts their tgt on INTC to $21 from $22 based on expectations for lower processor blended average selling prices. Firm also states that co is becoming much more price aggressive to recapture lost share in low-end desktops. Firm is concerned that the co's near-term attempts to recapture market share may not achieve it intended goal and believe that price cuts may just end up transferring cost savings to the OEMs.