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

To: Barry Grossman who wrote (64458)	9/11/1998 11:41:00 AM
From: Anthony Wong	Respond to of 186894

"S&P Reiterates Accumulate Opinion on Intel" personalwealth.com S&P equity analyst Megan Graham-Hackett reiterated her 4 STARS (accumulate) recommendation on shares of Intel Corp. (Nasdaq: INTC - news) after the chipmaker said that due to stronger than anticipated demand, it expects third quarter revenues to be 8%-10% higher sequentially, better than the company's previous expectations of flat to slightly higher sequential revenue. She says the new guidance adds $0.08 to her below- consensus earnings per share estimate of $0.70 for the quarter, and she raised her full-year 1998 forecast by $0.05 to $3.15.