Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.26

+3.3%

10:51 AM EST

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To: gnuman who wrote (58670)	6/24/1998 3:32:00 PM
From: Paul Engel	Read Replies (1) of 186894

Gene - I'm sure you will be overjoyed to read Dan Niles comments. So I'll provide them for you: {===================} cbs.marketwatch.com Bullish on Intel Bullish comments from BancAmerica Roberston Stephens helped lift Intel (INTC) 1 to 76 1/4. Analyst Dan Niles doesn't expect Intel to issue an earnings warning for its second quarter because business has picked up this month. Niles believes the company will meet or beat the consensus estimate of 68 cents, and reiterated his strong buy and $100 price target. Niles said demand has accelerated for Intel products since the June 7 price cuts, leading to temporary tightness in markets for high-end and low-end products. {=================================} Paul

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