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chipguy

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chipguy

Re: None

Friday, 01/05/2007 10:22:05 AM

Friday, January 05, 2007 10:22:05 AM

Post# of 151748
There's one in every crowd:

Intel downgraded at Credit Suisse, share slip in pre-open

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bC67D7B23-4AB0-4B64-AAF8-163837E6BA03%7d&...

"Intel was downgraded to underperform from neutral at Credit Suisse, which cited valuation and continued concerns over competition. The stock, a component of the Dow industrials, was losing 1.3% to $20.90 in pre-open trading, after running up 4% on Thursday. "We believe the market has already priced in Intel's strong Core 2 Duo product line, renewed momentum in servers and cost-reducing process technology advances," Analyst Michael Masdea said in a research note. He also believes that investors "under-appreciate how competition is driving accelerated spending even as Intel loses [market] share and the end market growth rate slows."

WTF?

"Even as Intel loses share"?

Just say no to drugs.
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