Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: jmac who wrote (86740)	8/11/1999 9:48:00 AM
From: GVTucker	Read Replies (1) of 186894

No it wasn't an upgrade. Still good news, though. PaineWebber (John Lazlo) upped his price target from 80 to 95, and kept his rating at 'buy'. He has been above consensus at $0.58 for the current quarter, and now thinks that the rest of the Street will come up to his number. He thinks that Pentium III sales reflect stronger acceptance than other analysts are currently discounting. He's got 3Q revenue at $7.2 b vs consensus of $7.0 b.

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