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

To: Dale J. who wrote (53415)	4/15/1998 4:47:00 PM
From: Dennis	Read Replies (2) \| Respond to of 186894

What the hell is up the TK?? Why does he keep doing this to INTC?? If he is so bad an analyst why do people listen to him??

To: Dale J. who wrote (53415)	4/15/1998 4:57:00 PM
From: Brian Malloy	Read Replies (3) \| Respond to of 186894

To all, please correct me if I'm wrong, but has anyone else noted something fishy about this downgrade? Is Kurlak losing it literally. When he last downgraded INTC he said it could drop into the 50's and I believe he put a target of 54; now he downgrades it by saying INTC shares could fall to $60? Shouldn't he be revising his downgrades down and not up. Is this actually a stealth upgrade or perhaps dementia is setting in. Can we expect INTEL's next downgrade in a few months to read INTC shares could fall to $70 Lift a glass to Kurlak's Bull Market Downgrade-Upgrade, a trailing indicator if there ever was one.

To: Dale J. who wrote (53415)	4/15/1998 5:03:00 PM
From: mp	Read Replies (2) \| Respond to of 186894

Intel at $60? No way in hell! If it were legal, I would have given 10 to 1 odds that we won't see Intel at 60 again till the split some time next year, and collected one dollar each from every sucker that wanted to get in on the game and made my millions in 3 months. Exactly the same thing happened in January and Intel reached 95 in February 1998!!! Kurlak and his egotistic projections! The guy is a fool and people are afraid to say, EMPEROR HAS NO CLOTHES. If it does go to $60 by a freak accident, I am going to rent the biggest truck I can find, back it up to the loading dock ....

To: Dale J. who wrote (53415)	4/15/1998 5:57:00 PM
From: Maverick	Read Replies (4) \| Respond to of 186894

Merrill's Kurlak says Intel could hit $60--CNBC. TK is not alone. His INTC outlook resonates w/ others including Briefing.com analysis I posted earlier and INTC mgmt itself. Only INTC buy-back program can marginally prop the stock. NEW YORK, April 15 (Reuters) - Merrill Lynch semiconductor analyst Thomas Kurlak told clients on Wednesday shares of Intel Corp. could fall to $60, according to business cable television station CNBC. Kurlak, a prominent Wall Street analyst, was not immediately available to comment on the report. The stock ended down 1-1/8 to 74-7/8 after hitting an intraday high of 79-1/8. Earlier on Wednesday, Kurlak downgraded Intel to a long-term accumulate from buy after the company reported first quarter earnings of $0.72 per share, including charges, compared to $1.10 per share in the year-ago quarter. "Clearly Intel is struggling and cannot seem to restart revenue growth despite aggressive price cutting and new product introductions," Kurlak said in a research note. His office said Kurlak saw "additional downside" for Intel shares but declined to give a specific target.