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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST
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To: Lyle Bean who wrote (92410)11/14/1999 4:34:00 PM
From: Bob Kim  Read Replies (1) of 186894
 
dont second quess Merril Lynch.

So what do you read into the fact that AMD is rated 3-3 at ML which means that a ML broker cannot solicit a purchase in AMD without asking for a mgmt waiver. Maybe ML will upgrade AMD at Thanksgiving like they did last year.

BTW, ML ratings are indicators of expected appreciation potential. Based on ML's $90 price target, INTC should be upgraded back to Buy below $75.

I might second guess these ML price targets: AMAT $90, QCOM $270, SWCM $60, SNDK $58.
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