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Technology Stocks : Dell Technologies Inc.
DELL 126.59+0.1%3:59 PM EST
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To: OLDTRADER who wrote (173760)1/7/2004 9:19:15 AM
From: William F. Wager, Jr.  Read Replies (1) of 176387
 
WBM...8:29AM INTC upgraded at Bernstein 32.90: Bernstein upgrades Intel to Outperform from Mkt Perform based on their belief that above-normal seasonal rev during 1H04 is increasingly possible, and that further gross margin expansion resulting from cost savings is not entirely discounted. Also, given the relative weakness of semi stocks over the past month, firm believes that now is a good entry point to move to an overweight position. Raises their 2004 est to $1.27 from $1.20, vs consensus of $1.24. Target is $42.
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I live in sunny Florida (where it's 30!! but clear now). I visit the area around Morristown a few times a year to see friends. Good luck with the move to the Garden State.

--Bill
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