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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: limtex who wrote (141004)	8/7/2001 12:30:29 AM
From: Paul Engel	Read Replies (3) of 186894

Re: "Do you happen to have a reference to his report last year when he predicted that the price of intc was going to fall to its current level?" Here it is: Monday August 21, 9:18 am Eastern Time RESEARCH ALERT - Lehman raises Intel earnings, rev estimates NEW YORK, Aug 21 (Reuters) - Lehman Bros. on Monday raised earnings and revenue estimates on Intel Corp. (NYSE:INTC - news), the world's biggest chip maker. In a research note, analyst Dan Niles said: -- raised earnings per share (EPS) estimate for fiscal 2000 to $1.74 from $1.70. -- raised EPS estimate for fiscal 2001 to $1.90 from $1.85. -- raised total revenue forecast for fiscal 2000 to $36 billion, from $35.4 billion. -- raised total revenue forecast for fiscal 2001 to $42.7 billion from $41.7 billion. -- $88 price target by year-end. -- ``We believe that Intel is seeing the most front-end loaded third-quarter in many years and is booked out for the quarter.'' -- shares closed on Friday at 70-9/16 on Nasdaq. Email this story - View most popular stories emailed -------------------------------------------------------------------------------- More Quotes and News: Intel Corp (NYSE:INTC - news) Related News Categories: US Market News --------------------------------------------------------------------------------

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