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Technology Stocks : Is Intel a $100 stock next year
INTC 41.17-0.4%11:29 AM EDT

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To: Jaime H. Ayalde who wrote (40)3/20/1996 9:08:00 PM
From: Joan Osland Graffius   of 58
 
Jaime, there is more than one estimate comming out of Merrill Lynch. The analyst that is responsible for tracking Intel at Merrill Lynch has not changed his year end target for $80.... yet. Merrill Lynch has some folks that interface with the media and give stock projections like Mr.Kerlich (sp?) from Merrill Lynch and he has made some waves that Intel numbers will be less than expected. There is more than one spokes-person at Merrill Lynch - not good. The only thing they all agree on is Intel is a long term buy....

Another person from Merrill Lynch was interviewed today on CNBC and he was thinking Intel would trade in the $40's and $50's for a while here.

Who knows, one thing we do know is - they are not going out of business any time soon

Joan Graffius
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