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Intel share price falls amid price war warnings
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Written by Danrok   
Thursday, 04 October 2007 11:31

Morgan Stanley issues price war warnings in chip maker sector

Image From The Register:

Intel shares fell by $0.57 or 2.2 per cent to $25.81 in US trading on Wednesday following the publication of a Morgan Stanley report from analyst Mark Lipacis advised investors to sell stock in both Intel and its main competitor Advanced Micro Devices (AMD).

AMD's stock declined by 3 per cent during late trading on Wall Street but later rallied to close virtually unchanged at $13.23.

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