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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jacques Newey who wrote (84109)	6/22/1999 4:56:00 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

RE: "On one hand he's downgrading the stock and cutting its earnings estimates, but on the other hand the stock is undervalued. Does this make any sense to anyone? " Jacques, thanks for the article. Re: the editor's question... "Does this make any sense...?" It does make sense... the downgrade appears to be based upon estimated changes in 'ranges' of return, and both ranges appear to be in their category definition of undervalued. i.e. Intel is undervalued, but not as undervalued as previously expected, per this analyst. Nice buying time IMHO. Regards, Amy J