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


To: Burt Masnick who wrote (73322)2/10/1999 3:19:00 PM
From: Scumbria  Read Replies (1) | Respond to of 186894
 
Burt,

I think that anarchy could potentially affect the stock market.

Scumbria



To: Burt Masnick who wrote (73322)2/10/1999 3:24:00 PM
From: Joe Griffin  Respond to of 186894
 
What is it going to take to get this market started again? Who will lead us up? Seems most people now sitting on the sidelines!



To: Burt Masnick who wrote (73322)2/10/1999 3:55:00 PM
From: Burt Masnick  Read Replies (1) | Respond to of 186894
 
Fascinating remarks by Brian Halla:

"Even though the PC is not of interest to us, we do participate," he told the money managers. "We can't help but be affected by that." He likened National Semi's position in the wake of Intel's decision to slash prices of its Celeron processors to being "the civilian hospital next to the chemical plant."

"PC prices have eroded very rapidly," he said. Merrill Lynch analysts on Wednesday improved their fiscal 1999 estimate for the company to a loss of $1.23 from a loss of $1.27.

"National has done a good job reinvigorating its analog semiconductor
business and is seeing solid demand for the wireless business as well," the Merrill analysts said. "However, the company's hopes to re-establish a presence in the networking market have not met with success."

Merrill has a "neutral" rating on the stock.

Emily Church is a reporter for CBS MarketWatch.