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


To: Diamond Jim who wrote (124038)1/3/2001 12:45:30 AM
From: Dan3  Read Replies (2) | Respond to of 186894
 
A blast from the past....

Princeton, New Jersey, April 19, 2000 (Bloomberg Data) --Intel Corp. (INTC US) was downgraded to 'avoid' from 'hold' by analyst A. A. Lafountain III at Needham & Co. The price target is $60 per share.

That was pre-split, so he was calling for $30 a share. If it holds here, that was pretty sharp shooting. Of course, calling for $59.62 would have hit that $29.81 day low right on....

But I suppose $30 post split could be considered a reasonably good guess.

:-)

Dan



To: Diamond Jim who wrote (124038)1/3/2001 7:11:21 AM
From: Road Walker  Respond to of 186894
 
DJ,

re: "What do you call "irrational exuberance" statement on the way up?"

Prescient.

John