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


To: puborectalis who wrote (108508)8/27/2000 8:44:32 AM
From: Felix Appolonia  Respond to of 186894
 
SAN JOSE, Calif. -- Can you zip up my bunny suit
for me? My virgin white Intel (INTC:Nasdsaq -
news) bunny suit, that is. We're venturing into chip
land this week at the Intel Developer Forum. We
wouldn't want to track in all that dirt from Wall
Street to taint the pristine grip the giant has on the
semiconductor faithful. We believe! We believe!

Lehman Brothers analyst Dan Niles, fresh off
raising his estimates for Intel's revenue and profit
margins, didn't want to take any guff over his
optimism about the company. Niles snorted and
bared his bull's horns at the insinuation that Intel
faces competitive threats.

"You guys love the David vs. Goliath story. It's
always got to be somebody. First AMD
(AMD:NYSE - news) was going to kill Intel. Then
NexGen, then National (NSM:NYSE - news).
Maybe the next big thing is going to be Intel," says
Niles, who recently arrived at Lehman. (The firm
hasn't performed recent underwriting for Intel.)