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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (76481)6/10/2002 8:11:02 AM
From: manny t  Respond to of 99280
 
07:52 ET INTC Intel upgraded at First Albany (22.00)
First Albany upgrades to STRONG BUY from Buy; believes that INTC is best positioned to benefit from a shortage of leading-edge capacity that firm expects to commence in Q4, that industry's seasonal low point in demand masks the cyclical shift from over- to undersupply, and thinks co was overly conservative on its mid-qtr update and Street numbers are now overly conservative; valuation is also attractive; 6 month price target is $30.