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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 4:00 PM EST
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To: Miles Tailor who wrote (8118)1/14/1997 4:42:00 PM
From: Thomas Dremel   of 186894
 
INTEL's sales were flat from the 4th qtr of 95 to the 1st qtr of 96. The company stating the same thing should take place this year is to be expected and is the seasonal nature of the industry. EPS for the 1st qtr of 97 should come in around 2.00 with 97 EPS to be around 9.00 to 10.00. Putting a range of a PE ratio between 20-25 the stock price should hit somewhere between $200 to $250 this year.

Watch for analysts upgrades on EPS estimates and price targets soon.
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