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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (4864)10/2/2000 9:21:18 AM
From: Dealer  Read Replies (2) | Respond to of 65232
 
INTC--Intel Up on Reiteration of Strong Buy by Credit Suisse First Boston
By TSC Staff

10/2/00 9:01 AM ET

Intel (INTC:Nasdaq - news) rose 2.6% in preopen Island trading after Credit Suisse First Boston reiterated its strong buy rating on the stock and 12-month target of $100.

Analyst Charlie Glavin said recent price weakness represents a buying opportunity. Meanwhile, the company said Sunday it would scrap plans for a low-end chip due next year because of design flaws.