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

To: rudedog who wrote (57072)	6/4/1998 10:52:00 AM
From: William Hunt	Respond to of 186894

rudedog ---Intel Corp. (INTC) 67 1/2 +1 9/16: --UPDATE-- Piper Jaffray initiates coverage of chip maker with "buy" and a 12-month price target of $85; expects weak demand for PC and market share loss to impact performance in the short-run; however, over longer-term, stock attractive as x86 processor market share should stabilize around 85%; accordingly, unit growth should pace the overall processor market growth of 15% in 1999 and beyond; rollout of a robust family of enterprise class processors should offset any low end pricing weakness as well..... BEST WISHES BILL