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


To: James Tan who wrote (48105)2/19/1998 9:48:00 AM
From: Nick  Respond to of 186894
 
Here's the story:

Thursday February 19, 9:29 am Eastern Time

RESEARCH ALERT - Intel upgraded

NEW YORK, Feb 19 (Reuters) - Bankers Trust Alex. Brown raised its rating on Intel Corp to strong buy from market
perform, a market source said.

-- The 1998 earnings estimate was raised to $3.90 per share from $3.85.

-- The 1999 EPS estimate went to $4.60 from $4.40. The 1999 revenue estimate went to $34.3 billion from $33.7 billion, the
source said.

-- No further information was immediately available.

-- Intel was up almost a point at 87-7/8 in pre-opening trade on Thursday, after closing Wednesday at 86-15/16.