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To: Night Writer who wrote (31380)8/21/1998 6:13:00 AM
From: Elwood P. Dowd  Read Replies (5) | Respond to of 97611
 
NW..... You should like this..... Kumar vs. Kurlak. El




Dow Jones Newswires -- August 21, 1998
Piper Jaffray To Raise Intel To Strong Buy From Buy>INTC

PALO ALTO, Calif., (Dow Jones)--Piper Jaffray Inc. analyst Ashok Kumar plans to raise his
rating on Intel Corp. (INTC) on Friday to strong buy from buy.

Kumar said he sees the chip maker posting a strong third quarter and expects to increase
his earnings estimate to 80 cents a share from 78 cents a share.

Kumar also plans to raise his 12-month target on the stock to 105 from 95.