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Technology Stocks : Micron Only Forum

MU 240.46

+1.7%

Dec 1 3:59 PM EST

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To: Trey McAtee who wrote (37681)	8/21/1998 1:25:00 PM
From: Bipin Prasad	Read Replies (3) of 53903

Now it's Ashok & Niles vs TK. 13:12 ET Intel Corp (INTC) 84 3/16 -1 13/16 (-2%): Piper Jaffray raised investment rating from "buy" to "strong buy" and set new price target of $105 (27 times 1999 EPS estimate). Analyst Ashok Kumar says new Celeron chip, scheduled to be launched Monday, will displace AMD's K6 chip in the sub-$900 and sub-$1,200 market. Analyst raises FY98 view from $3.07 to $3.13 and FY99 from $3.58 to $3.81. Current First mean estimates for the two periods are $3.02 and $3.62. InSook

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