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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: gnuman who wrote (52438)4/8/1998 4:25:00 PM
From: Paul Engel  Read Replies (2) of 186894
 
Gene - Re: "Morgan Stanley raises AMD '98 earnings estimate to +0.40
from previous break-even"

Edlestone's Track Record is WORSE THAN AMD's!

Here is his last prediction - about one year ago!

Paul

{=========================}

businessweek.com

BUSINESS WEEK ONLINE NEWS FLASH!
March 17, 1997



Edited by Douglas Harbrecht

AMD'S K6 CHIP HAS THIS WALL ST. PRO SEEING A STAR

Prudential Securities Inc. analyst Mark L. Edelstone has set a silicon bull loose. He figures Advanced Micro Devices Inc.'s new Pentium-caliber K6 microprocessor(BW--Feb. 10, "My Chip Is Faster Than Your Chip") is going to sell like potato chips. So he has almost doubled the Wall Street consensus on per-share earnings for 1998 to
$5.25
from around $2.85. The highest projections previously had been $4.85. In addition, Edelstone has more than doubled his price forecast for AMD shares -- to $90, from $40. They're already trading in the high 40s.
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