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Technology Stocks : Intel Corporation (INTC)

INTC 37.83

-4.2%

3:59 PM EST

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To: Diamond Jim who wrote (68627)	11/17/1998 2:14:00 PM
From: Diamond Jim	Read Replies (1) of 186894

*Intel insight: An item yesterday wondered whether Intel (INTC:Nasdaq), at its analyst meeting last week, was trying to intimidate and humiliate Merrill Lynch analyst Tom Kurlak into saying something nice about the company. The company supposedly ridiculed the longtime Intel bear by saying that Merrill investors must be wondering why they didn't own Intel stock. Whatever Intel did worked. Yesterday Kurlak, while not changing his "neutral" rating on the stock, said he was "cautiously more optimistic" for next year. (P.S.: Several sources who talked to him said he didn't sound as though he was making the change, as mild as it was, with any conviction.)

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