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


To: Mohan Marette who wrote (47618)2/11/1998 9:25:00 AM
From: IncredibleHult  Read Replies (1) | Respond to of 186894
 
Mohan,

ML came out w/a report today trashing semis.

Highligts:
Rally raises risk in shares
Expect lower share prices when earnings recovery fails to materialize.
Company managements not cautious enough, in our opinion.
No pick up seen
Dec. sales decline is sharpest this decade.
Dram price decline of 20-30% projected for March to june period.
Etc...

Maybe he is trying to rain on GS tech conference parade.