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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: Road Walker who wrote (153584)1/3/2002 11:20:23 AM
From: TomZ  Read Replies (1) of 186894
 
Additional JP Morgan Buy Recommendation story

9:36am 01/03/02 'Buy' Intel ahead of Q4 report: JPM (INTC) By Tomi Kilgore
Analyst Eric Chen at J.P. Morgan H&Q recommended investors buy Intel (INTC) ahead of its quarterly report, which is slated for release in mid-January. Chen believes that December PC sell-through at several original equipment manufacturers have been "healthy," alleviating concerns about a PC inventory build up. Chen also thinks Intel's server business will grow sequentially in the first quarter of 2002, suggesting a potential recovery in business information technology spending. Intel is rallying 75 cents, or 2.3 percent, to $33.75, adding to Wednesday's 4.9-percent jaunt higher.
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