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Technology Stocks : Intel Corporation (INTC)

INTC 48.12

-0.2%

10:08 AM EST

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To: Glenn D. Rudolph who wrote (29411)	8/15/1997 8:15:00 PM
From: Joan Osland Graffius	of 186894

Hi Glenn, I will keep the thread informed if Merrill changes their estimates. BTW, Merrill is calling for Intel at $105 in the next 12 months, so I was suspecting we were getting close to fully valued when we were pushing $100. Same with Microsoft, Merrill is calling for $150 in the next 12 months - so we maybe got a little ahead of ourselves. I will take both of these numbers since both these companies have been good to me. Joan

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