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Strategies & Market Trends : Wall Street Analysts -- Ignore unavailable to you. Want to Upgrade?


To: Patsy Collins who wrote (107)3/4/2002 10:48:20 AM
From: Patsy Collins  Respond to of 167
 
On 2/22/2002, in a face-off with Joe Osha of MER on CNBC with lovely Maria B.

Dan Niles said to sell INTC at $29.50. Said it's overpriced for it's prospects in 2002. That there is no demand growth in PC's and INTC's other businesses.

Joe Osha liked INTC and had a $42 to $45 target on it.

This morning, Dan Niles is again trying to get some headlines, as INTC is unveiling new mobile P4 chips. Niles cut his 2002 earning estimates for INTC.

BTW, INTC is over $30 now, already higher than when Niles made that call on 2/22.