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


To: Jim McMannis who wrote (92213)11/12/1999 11:26:00 AM
From: Bob Kim  Respond to of 186894
 
Jim,
Technically, with a $90 target, INTC moves back into ML Buy-rating territory at $75 and under. The upside potential threshold is only 20%. But Osha lives in his own world. Prior to raising price targets yesterday, 18 out of 24 positively-rated chip stocks at ML were in downgrade territory based on insufficient upside potential. INTC was not one of the 18.

BTW, INTC is usually among the 20 most popular stocks held in ML accounts.

Bob