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Columbia Management Comments on Intel

October 26, 2012 | About:

Among our holdings, Intel got caught up in the negative news flow and declined with the other participants in the supply chain. Intel (INTC) designs, manufactures and sells microprocessors for personal computers and cell phones. As the world shifts to Apple (AAPL) products and to mobile computing, the market is taking a view that the traditional personal computing industry is in secular decline.

From Columbia Large Cap Fund third quarter commentary.


Rating: 3.8/5 (4 votes)

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