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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST
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To: GVTucker who wrote (114289)10/18/2000 10:06:13 AM
From: Bob Kim  Read Replies (1) of 186894
 
IMO, ML's long-term rating downgrade is more a personal thing than a fundamental one. If you go strictly by typical ML research guidelines, Osha is saying that he thinks INTC will not cross $44 over the near term or long term. But he didn't mention a price target so I make the assumption that his last published $70 is still in force.

It is interesting that INTC's long-term rating is the same as Pets.com, and lower than that of AMZN, RNWK, VERT, and other ML research "success" stories.
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