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


To: MONACO who wrote (64979)9/17/1998 8:54:00 AM
From: Glenn D. Rudolph  Respond to of 186894
 
INTC: Major Broker changed recommendation from Hold to
Moderate Buy on 09/10/98
INTC: Major Broker reconfirms the recommendation as Strong Buy
on 09/15/98
INTC: WARBURG DILLON changed recommendation from Hold to
Strong Buy on 09/11/98



To: MONACO who wrote (64979)9/17/1998 7:44:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
>>I heard they had to pre-announce, because they (Intel) were aggressively buying back their own stock....M<<

This is very possible. INTC is highly suspect of manipulating it's own stock with news. They sell puts & issue stock to cover if needed. It will be interesting to see if the MM's can "walk the stock up" to $85 tomorrow.

Of course aggressive stock buybacks don't bode well for the company if the buyback is at a high price. I.E. Mc Donalds

I'm the guy that was shorting MCD, KO, G $ Proctor & Gamble 2 months ago....check out the SI thread...Now I'm on INTC & MSFT and KR