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Politics : Formerly About Advanced Micro Devices
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To: Brian Hutcheson who wrote (44018)12/25/1998 7:36:00 PM
From: Tenchusatsu  Read Replies (1) of 1583512
 
<Kurlak thinks that Intel and IBM are overpriced .>

Gee, if Kurlak thinks Intel is overpriced, why did he upgrade the rating on Intel from neutral to accumulate?


Perennial Institutional Investor all-star Thomas Kurlak of Merrill Lynch this morning raised his near- and long-term ratings on Intel to accumulate from neutral before the open. He also raised his 12-month price target to 144 and his 1999 EPS estimate to $4.25 a share from $3.60. Intel shares were up 5 3/4, or 4%, to 124 13/16


Tenchusatsu
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