Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

Nov 12 3:59 PM EST

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To: Paul Engel who wrote (64533)	9/11/1998 8:46:00 PM
From: Maverick	Read Replies (1) of 186894

Warburg Dillon Read said that it raised its rating on INTEL CORP to buy from hold, while market sources said Merrill Lynch had kept its intermediate and long-term ratings on Intel at neutral. Warburg says still not convinced that Intel has returned to long-term growth track, but believes stronger-than-expected 3Q sales should give near-term boost. Warburg raising 1998 earnings estimate to $3.12 per share from $3.00. Warburg raising 1999 earnings estimate to $3.90 per share from $3.60. (Reuters 09:57 AM ET 09/11/98)

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