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Technology Stocks : Intel Corporation (INTC)

INTC 35.47

-0.8%

10:19 AM EST

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To: Joseph Pareti who wrote (74460)	2/25/1999 12:22:00 PM
From: Joseph Pareti	Read Replies (1) of 186894

Kurlak out, Milunovich in. Business as usual at ML. LOOOONG INTEL today !!!!! cbs.marketwatch.com Chip stocks hit amid pricing worries By Tiare Rath, CBS MarketWatch Last Update: 10:44 AM ET Feb 25, 1999 Tech Report NewsWatch NEW YORK (CBS.MW) -- Semiconductor stocks took a hit Thursday morning, getting little help from an analysts warning that PC makers may face a price war. In a note to clients, analyst Steven Milunovich at Merrill Lynch cast the spotlight on top four PC makers Dell Computer (DELL), Compaq (CPQ), Hewlett-Packard (HWP) and IBM (IBM). "We're concerned that vendor's growth objectives the next few years will be hard to achieve, perhaps resulting in pricing pressure," Milunovich said.

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