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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Gary Burton who wrote (83937)	6/19/1999 3:55:00 PM
From: Tony Viola	Read Replies (2) of 186894

Gary, Edelstone didn't go to hold with Intel, he went to outperform, which, I believe, GV Tucker said is next below strong buy in MSDW lingo. "Morgan Stanley analyst Mark Edelstone cut his rating on Intel Corp. (INTC: 54-13/16, - 3-3/16) to market outperform from strong buy, Morgan Stanley said. Edelstone cut his EPS estimates to $2.25 a share from $2.35 for 1999 and to $2.55 from $2.60 for 2000." Tony

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