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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 3:59 PM EST

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To: Sonny McWilliams who wrote (49216)3/3/1998 12:30:00 AM
From: Sonki  Read Replies (1) of 186894
 
intc = $100 in 3 months....for all u warrant holders.. hope this helps. i m fully converted ....my 98 leaps and warrant and all from many years. now we wait. john hull told me to goto sleep till june back in nov-dec. so this 3months price target jives w. that.


Intel Corp. (INTC) traded lower even after CS First Boston boosted its
three-month price target on the stock. Analyst John M. Geraghty upped
his share-price target to $100. Geraghty said the fundamentals of the
PC market remain solid, citing Dell Computer Corp.'s (DELL) recent
industry forecast. He also pointed to Intel's 0.25 micron product, which
is ramping up faster than expected and driving Pentium II chips to
market ahead of schedule. Geraghty said he is keeping Intel on the
firm's "Focus List." Nevertheless, Intel closed down 2 1/8 at 87 5/8 amid
reports it reduced its order to Teradyne, causing the lowered earnings
view.
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