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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: steve thompson who wrote (33687)10/3/1997 6:34:00 AM
From: William Hunt   of 186894
 
TO ALL
A MUST READ !
Friday October 3 6:00 AM EDT

Company Press Release

Worth Magazine Devotes Its November Issue to One Stock: Intel

NEW YORK, Oct. 3 /PRNewswire/ -- With its November issue, Worth magazine breaks with the typical format of personal finance and business reporting by devoting a major portion of the magazine -- over 44 pages of editorial coverage -- to a single stock: Intel Corporation (Nasdaq:INTC). The issue also offers a bold assessment of the stock.

The report, in its scope and focus, is meant to highlight the entire spectrum of investing, in the broadest and deepest sense. This makes the November issue of Worth both a highly informative read about one of the market's most widely watched stocks, and also an invaluable tool for investors -- whether they consider themselves novices or experts.

``Anyone with even a remote interest in investing should find this report valuable and enlightening when it comes to understanding what a stock is all about,'' notes John Koten in his editor's letter. The undertaking of this unprecedented project required over 50 editorial employees reporting in 20 different articles written and prepared over a span of six months.

Koten chose Intel as the subject of this intensive scrutiny for a myriad of reasons: its predominance in the market, its appeal to millions of individual investors and money managers, its clear focus as a company, its full range of business operations from manufacturing to marketing, and its place in the center of the emerging digital economy complemented by its tremendous global presence.

The November issue of Worth is more than a mere company profile or research report. The magazine investigates not only the heart of Intel's business, the chip, but also its colorful and controversial CEO Andrew Grove. The reporting delves into the financials from the balance sheet to indexes and stock tables. Worth also goes to the analysts, reporters and investors who follow and track Intel religiously.

The final article in Worth's extensive report concludes that Intel is undervalued and recommends it at a price up to $105 a share. Acknowledging that this appraisal is higher than the consensus among Intel analysts (or the current stock price), Worth reports that it ``is more optimistic than most about the company's ability to retain its impressive margins over the next few years. We also believe that Intel will maintain its dominant position in the semiconductor market for at least five years.''

Worth magazine goes to subscribers the week of October 6 and will be available on newsstands on October 21.

REGARDS BILL
LONG INTEL
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