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

To: Robert Douglas who wrote (86909)	8/16/1999 11:32:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 186894

Robert and ALL, "RESEARCH ALERT - Intel 1999 EPS view up" NEW YORK, Aug 16 (Reuters) - Warburg Dillon Read said on Monday it raised its target price on Intel Corp. to $93 a share and increased its 1999 earnings per share estimate to $2.25 from $2.21. -- Analyst Gregory Mischou said July motherboard data indicates that PC demand is still strong. -- ``Faced with difficult comparisons, aggregate sales of notebooks and motherboards for July declined by 15 percent month-over-month, worse than our expectation of flat to down 5 percent,' he wrote. ``Although the results were below our expectations, the decline was not related to a slowdown in demand, but rather due to shortages of motherboard chipsets and notebook LCD panels.'[snip] biz.yahoo.com Gottfried