Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Thomas J Pittman who wrote (5214)	11/14/1996 1:35:00 PM
From: jiggy	of 186894

thomas: u are correct. PRU took INTC off it's single best idealist and put National Semi on it instead! i just read Salomon's write up for today. and i quote: "Intel has risen 15 points since our downgrade." "We find this interesting..." he he he. :O) They rate it HOLD due to: rich valuation, order cancellation risk (they suspect many double ordered to assure inventory), US retail PC demand soft, all potential upside is priced into the stock... consdier $120 to be fully valued. FIDO has been running this thing up since $80.

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