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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-4.5%3:59 PM EST

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To: Howard Bennett who wrote (23840)6/4/1997 12:31:00 PM
From: Chi-X   of 186894
 
ALERT: NEW YORK -(Dow Jones)- Schroder Wertheim & Co. lowered its investment rating on shares of Intel Corp. (INTC) to "hold" from "buy," a source with the firm said Wednesday. Schroder Wertheim analyst Stuart Johnson said he reduced his Intel earnings estimates to $8 a share for both 1997 and 1998. He previously had expected the company to earn $8.75 a share in both years. No further details were available immediately.


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