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    Thursday, November 19, 2009

    Intel, Dell Among Early Tech Decliners

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    By Rex Crum
    MarketWatch Pulse
       

      SAN FRANCISCO -- Technology stocks retreated in early trading Thursday as pessimism over the outlook for the global economy weighed on the broad market. Decliners included Intel Corp. , which fell 81 cents a share, or more than 4%, to $19.30 after Bank of America Merrill Lynch Sumit Dhanda cut his rating on the semiconductor giant to neutral from buy. Dell Inc. shares were also down by 19 cents at $15.87 ahead of the PC company's quarterly results, due after the market close. The tech-heavy Nasdaq Composite Index slumped almost 30 points to 2,163.

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