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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

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Nov 25 3:59 PM EST

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To: Diamond Jim who wrote (79009)	4/14/1999 10:08:00 AM
From: Robert Douglas	Read Replies (1) of 186894

Merrill Lynch analyst Joseph Osha comments: <<We have raised our 1999 and 2000 earnings estimates to $2.41 and $2.96, from $2.37 and $2.81. We continue to believe that PC MPU demand is going to exceed expectations in the second half of 1999. It now appears that Intel will be able to earn better margins than we had expected, which supports our higher 1999 and 2000 estimates.>>

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