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Technology Stocks : Intel Corporation (INTC)

INTC 39.38

+6.7%

Jan 2 9:30 AM EST

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To: Rational who wrote (38902)	11/4/1997 7:06:00 PM
From: Diamond Jim	Read Replies (1) of 186894

RE: Intel was downgraded by HQ on Monday at 4:37 p.m. Sanka Yes and it then went up, I believe. What they based it on was old news. I think any firm coming out now with a downgrade ought to do so silently or be embarrassed that they are just now reading Intel's future outlook. Nothing has changed except I see Intel acknowledging the sub $1000 PC and going after that part of the market. I find that bit of news to be good. I think if the cheap PC is here to stay then it is a good move to be a part of it. Jim

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