Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: Frank Ellis Morris who wrote (19746)	6/4/1998 4:16:00 PM
From: Ann Janssen	Read Replies (3) of 27012

Frank, Now settle down. <gg> Lets not be hasty about our CEO. Give him a chance he hasn't been in his position long enough to prove himself one way or another. Here's a tiny bit of good news from this morning. Not that I put much weight in it, but hey any good news helps. Intel Corp. (INTC) 67 1/2 +1 9/16: --UPDATE-- Piper Jaffray initiates coverage of chip maker with "buy" and a 12-month price target of $85; expects weak demand for PC and market share loss to impact performance in the short-run; however, over longer-term, stock attractive as x86 processor market share should stabilize around 85%; accordingly, unit growth should pace the overall processor market growth of 15% in 1999 and beyond; rollout of a robust family of enterprise class processors should offset any low end pricing weakness as well..... Hope you had a good day!! Hope Destiny is doing well. Getting a little cranky out here, someone forgot to tell mother nature it's June, not April!! Not that I like 90/90 (temp/humidity) but 55 for a high is nuts. <gg> Take Care!! Ann

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