Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.34

0.0%

10:10 AM EST

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To: KM who wrote (74931)	3/1/1999 8:46:00 AM
From: KM	Read Replies (3) of 186894

08:33 ET Intel Corp. (INTC) 119 15/16: DLJ downgrades chip maker from "buy" to "market perform," citing recent evidence that PC market growth in March qtr is not as robust as earlier indications suggested. Firm lowers its FY99 earnings view from $4.65 to $4.50 (-3.2%) and FY00 EPS from $5.45 to $5.30 -2.7%). Reduces price target from $175 to $160 a share. After retreating 7 13/16 on Friday, stock indicated 1 3/8 lower this morning.

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