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Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%Feb 4 3:59 PM EST

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To: Larry Loeb who wrote (30969)9/3/1997 2:22:00 PM
From: William Hunt   of 186894
 
TO ALL
INTEL EARNINGS ESTIMATES RAISED
RESEARCH ALERT - Intel estimates raised

NEW YORK, Sept 3 (Reuter) - Robertson Stephens said analyst Dan Niles raised its earnings per share estimates on Intel Corp, which he rates buy.

said boosted 1997 estimate to $4.05 from $3.95 and upped 1998 to $4.65 from $4.55. said analyst expects a strong rebound in the PC industry that could translate into a five percent revenue increase for Intel in the third quarter. said Intel's gross margins could be up sequentially in the third and fourth quarters.

IT HAS BEEN A WHILE SINCE WE HAVE SEEN THIS !
REGARDS BILL
LONG INTEL
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