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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: DRBES who wrote (245451)1/4/2008 9:07:40 AM
From: Sarmad Y. HermizRespond to of 275872
 
>> must be time to buy intc puts

That time is past. I will sell my recent bank stocks and add more INTC.

Growth in PC demand is not from US or Europe. It is from China and emerging economies.



To: DRBES who wrote (245451)1/4/2008 9:10:08 AM
From: bit3Respond to of 275872
 
NEW YORK (Dow Jones)--Shares of Intel Corp. (INTC) fell 1.5% to $24.30 before the opening bell Friday after JPMorgan cut its rating on the stock to neutral from overweight, citing a late-quarter slowdown in order rates.

"No more upside," the firm wrote in a note to clients, saying its checks point to a slowdown in orders from the personal-computer end market that negated the upside the firm believes Intel saw earlier in the fourth quarter.

The firm said it was growing "increasingly concerned" about an inventory correction, adding that while the company's valuation is attractive, "we believe there is little upside and increasing risk of downside to consensus estimates."

Shares of rival Advanced Micro Devices Inc. (AMD) were unchanged at $6.77 in pre-open electronic trading.


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