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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Paul Engel who wrote (72855)2/4/1999 12:16:00 PM
From: Doughboy  Read Replies (1) of 186894
 
It's worse than that, Paul. Kurlak raised 1999 estimates on Intel from 3.25 to 3.60 on January 14. And now three weeks later he's lowering them back down to 3.45. He also has completely reversed himself on his opinions. On Jan. 14, he said that price competition at the low end is not significant to Intel's bottom line because Intel has significantly cut costs and more important is the sales of high margin PIIs and Xeons. What kind of credibility does he have left with ML brokers? (BTW, I can't find the AMD downgrade on the ML website. Has anyone seen it?)

Doughboy.
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