Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

-3.2%

3:59 PM EST

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To: Diamond Jim who wrote (124038)	1/3/2001 12:45:30 AM
From: Dan3	Read Replies (2) of 186894

A blast from the past.... Princeton, New Jersey, April 19, 2000 (Bloomberg Data) --Intel Corp. (INTC US) was downgraded to 'avoid' from 'hold' by analyst A. A. Lafountain III at Needham & Co. The price target is $60 per share. That was pre-split, so he was calling for $30 a share. If it holds here, that was pretty sharp shooting. Of course, calling for $59.62 would have hit that $29.81 day low right on.... But I suppose $30 post split could be considered a reasonably good guess. :-) Dan

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