Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: puborectalis who wrote (84779)	7/1/1999 7:01:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 186894

Intel Shares Jump 6 Percent (07/01/99, 6:05 p.m. ET) By Warren S. Hersch, Computer Reseller News Shares of chip maker Intel jumped nearly 6 percent in Thursday trading that saw gains to many tech stocks and the major indices. The Dow jumped 95.6 points to 11,066.4. The Nasdaq, too, ended 20.1 points higher at 2,706.2. The S&P 500 ended at 1,381, up 8.3 points. Intel rose 3 3/8 to 62 7/8. Observers attributed the gain in part to the decision by investment bank Lehman Bros. to select Intel as one of its 10 "uncommon value stocks" for 1999 to 2000. Other blue-chip tech stocks also fared well on Thursday. Microsoft finished at 91 3/16, up 1. Hewlett-Packard gained 1 1/2 to close at 102. IBM inched up 1 3/4 to 131. And Lucent rose 5/8 to 68 1/16. Cisco dipped 1/16 to 64 3/8 and Compaq ended 1/8 lower at 23 9/16. Among enterprise systems integrators and service providers, Unisys gained 1 1/4 to close at 40 3/16. EDS finished at 57 3/4, up 1 1/8. Computer Sciences closed at 69 7/16, up 1/4. And Cambridge Technology Partners edged up 1/16 to 17 5/8. However, Perot Systems dipped 1 1/4 to 28 1/4. And Keane ended at 21 7/8, a 3/4 loss. Computer Task Group was unchanged from Wednesday's close of 17.