Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (57134)	6/4/1998 12:46:00 PM
From: Burt Masnick	Respond to of 186894

Paul - I'm not a fan of Kurlak's but I'm pretty sure Kurlak said "into the 60s". Best regards, Burt

To: Paul Engel who wrote (57134)	6/4/1998 1:00:00 PM
From: Tan Nguyen	Read Replies (1) \| Respond to of 186894

All, "Intel draws a new roadmap for chips" Agree - INTC is very unlikely to hit $60 - unless it splits! In that case, my cost base would be in the low 10s! Cheers. dailynews.yahoo.com

To: Paul Engel who wrote (57134)	6/4/1998 1:19:00 PM
From: Maverick	Respond to of 186894

NEW YORK, June 4 (Reuters) - Gruntal & Co. Thursday cut its earnings estimates for Intel Corp. and maintained its hold rating on the chip maker's stock. --No other information immediately available. --Shares up a-14/16 to 67-13/16 in morning trade. Following are Gruntal's revised earnings estimates. Quarter New EPS Old EPS Change Q298 $0.69 $0.72 -$0.03 Q398 $0.80 $0.85 -$0.05 Q498 $0.90 $0.96 -$0.06 Year 1998 $3.11 $3.25 -$0.14 1999 $3.80 $4.10 -$0.30

To: Paul Engel who wrote (57134)	6/4/1998 1:23:00 PM
From: Maverick	Respond to of 186894

Piper Jaffray believes shortfall already is priced into the stock. NEW YORK, June 4 (Reuters) - Piper Jaffray Inc. Thursday started coverage of Intel Corp. with a buy rating and set a $85 price target for the chip maker's stock. --Analyst Ashok Kumar said in a research note weak personal computer demand coupled with market share loss will impact Intel's short-term performance. --Analyst expects Intel to earn $0.62 a share in the second quarter on an eight-percent drop in revenues to $5.5 billion. --Analyst says second-quarter earnings estimate is below consensus estimate but believes shortfall already is priced into the stock. --Intel up 1-7/8 to 67-13/16 Thursday morning

To: Paul Engel who wrote (57134)	6/4/1998 1:37:00 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 186894

Paul, No, it hasn't hit $60 but it is sure close. This Is the first time I have sold my INTC before it went down. I usually hang in there. I sold at $83.00 and looking to buy back. I was on margin and I had to take my profits before I got a margin call. I still like INTC and will get back in soon. It has been a nervous market . Dorine