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Technology Stocks : IS INTC A GROWTH STOCK?
INTC 40.58+1.0%11:52 AM EDT

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To: AK2004 who wrote (196)6/14/1997 8:01:00 PM
From: Glenn D. Rudolph   of 243
 
DLJ view intel as underperform (sell) with a 12mo price target $135. Assuming least acceptable discount rate for Intel 15% that would lead to the current fair market value of 135/1.15=117 I would tend to agree with this view. Glenn
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