UPDATE 1-RESEARCH ALERT-JPMorgan cuts Intel to neutral

viernes 4 de enero de 2008 14:20 CET

 (Changes source, adds details)
 Jan 4 (Reuters) -
                    INTEL CORP (INTC.O: Cotización)
                    Current          Prior
 Rating                Neutral          Overweight
 --J.P. Morgan Securities said Intel experienced a slowdown
in order rates from the personal computer end market and also
faces a risk of an inventory correction for personal computer
components due to weakening demand and high inventory levels.
 --The brokerage lowered its earnings estimates for the
company by 1 cent to $1.23 per share for calendar 2007 and by 2
cents to $1.66 per share for 2008.
 (Reporting by Anant Vijay Kala in Bangalore; Editing by Deepak