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Intel Forecast Drags Down Microsoft

Intel downgraded revenue forecasts (again) and the news had, as of Wednesday afternoon, a negative effect on Microsoft stock. Hey, who said Wintel was dead? Seriously, though, the tech industry is finally starting to feel some of the squeeze that housing, banking and insurance have felt in recent months. Except this time, it's their fault, not ours.

Posted by Lee Pender on 01/08/2009 at 1:22 PM


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