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

To: Diamond Jim who wrote (52553)	4/9/1998 11:52:00 AM
From: TCGNJ	Read Replies (1) \| Respond to of 186894

Jim, Maybe the original 'post-er' could reply. Message 4011837 TCG

To: Diamond Jim who wrote (52553)	4/9/1998 12:10:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 186894

Re.I would like to hear their rationale behind an upgrade. Thursday April 9, 11:40 am Eastern Time RESEARCH ALERT - H&Q upgrades Intel NEW YORK, April 9 (Reuters) - Hambrecht & Quist said on Thursday it raised its rating on shares of Intel Corp. to buy from hold and raised its calendar 1999 earnings estimate to $3.85 per share from $3.62 per share. -- Personal computer industry's transition to the Pentium II is accelerating, analyst Robert Chaplinsky said. -- ''In our opinion, Intel will experience microprocessor unit growth in the June quarter which should coincide with a trough in gross margins,'' he said. -- Expects Dell Computer Inc.(DELL - news) to be bullish in analyst meeting on Thursday and confirm the PC industry's convergence to Pentium II, he said. -- Intel's June quarter outlook should be better than the stock's recent performance suggests, he said. -- ''We believe the company will experience a resusrgence in unit growth in the second quarter as the market continues its shift to P2 and channel inventory of older Pentium MMX is depleted,'' he said. Ibexx