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

To: KM who wrote (74931)	3/1/1999 8:46:00 AM
From: KM	Read Replies (3) \| Respond to of 186894

08:33 ET Intel Corp. (INTC) 119 15/16: DLJ downgrades chip maker from "buy" to "market perform," citing recent evidence that PC market growth in March qtr is not as robust as earlier indications suggested. Firm lowers its FY99 earnings view from $4.65 to $4.50 (-3.2%) and FY00 EPS from $5.45 to $5.30 -2.7%). Reduces price target from $175 to $160 a share. After retreating 7 13/16 on Friday, stock indicated 1 3/8 lower this morning.

To: KM who wrote (74931)	3/1/1999 9:50:00 AM
From: Glenn D. Rudolph	Respond to of 186894

NEW YORK, March 1 (Reuters) - Donaldson, Lufkin & Jenrette downgraded Intel Corp. to market perform from buy, market sources said. -- Said personal computer growth in the March quarter was not as robust as expected. -- Cited slower than expected PC market, according to the sources. -- Intel closed at 119-15/16 on Friday