Intel Corp (INTC)

[jay1000]

<<So Intel was at $29, and GS had it as a preferred stock.

Now Intel is under $23, and GS has removed it.>>

AND they go on like this:

Yet Intel remains a top semiconductor pick for 2008, and should deliver solid fourth-quarter results and first-quarter 2008 guidance about Wall Street's expectations, Covello said.

"We believe that the recent sell-off in Intel's stock on near-term demand concerns is overdone and would be aggressively accumulating shares at current levels," Covello said in a client note.

Shares should grow 35 percent over the next 12 months at the expense of rival AMD Corp. and margins should hit 60 percent going into 2009, he said."

..... BUT is NOT on their list of "Preffered stocks"