Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

3:59 PM EST

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To: Dan3 who wrote (157432)	1/31/2002 7:36:42 AM
From: Road Walker	Read Replies (3) of 186894

07:20 ET Intel upped at Merrill Lynch (INTC) 33.86: Merrill Lynch's Joe Osha upgrades to near-term STRONG BUY from Buy; believes that INTC will see better than expected mkt share gains, improving visibility, and margin expansion during the next several qtrs; pricing pressure in the enterprise computing biz will increasingly favor INTC; and launch of 0.13 micron Northwood puts INTC in the best competitive position since 1999. Raises FY02 est to $0.73 from $0.70 due to higher gross margins; price target is $42.

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