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| | Intel downgrade, international concerns slam stocks - Jun. 6, 2002 |
 | | Earlier in the day, techs were hurt after Merrill Lynch downgraded Intel (INTC: down $1.18 to $27.00, Research, Estimates) ahead of the update. |
 | | Merrill also downgraded a number of other chipmakers, including Texas Instruments (TXN: down $0.75 to $27.69, Research, Estimates), which was cut to "neutral" from "buy." |
 | | A number of analysts downgraded Airgate PCS (PCSA: down $5.65 to $2.75, Research, Estimates), a regional telecom provider with connections to Sprint, after it said it sees a decline in the number of subscribers in its third quarter. |
| www.cnn.com /money/2002/06/06/markets/markets_newyork/index.htm (1044 words) |
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