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


To: stock bull who wrote (75269)3/3/1999 3:49:00 PM
From: Joey Smith  Read Replies (1) | Respond to of 186894
 
ALL, Dan Niles (who correctly predicted the Dell revenue shortfall) is bullish on Intel. Let's hope he is right once again...
joey

Intel, Texas Instruments boost chips

By Tiare Rath, CBS MarketWatch
Last Update: 12:42 PM ET Mar 3, 1999
Tech Report
NewsWatch

NEW YORK (CBS.MW) -- Semiconductor stocks found strength in
Intel and Texas Instruments Wednesday, turning around ugly losses from
earlier in the week.

The Philadelphia Semiconductor Index gained 1.8
percent early Wednesday. BancBoston Robertson
Stephens hardware analyst Daniel Niles released
positive research notes on chip leaders Intel
(INTC) and Texas Instruments (TXN), helping to
boost the stocks.

Niles, who rates Intel as a "strong buy," said the
company's first quarter appears to be on track as
opposed to the slowdown some analysts predicted
earlier in the week. To take advantage of the
damage that was done to the stock, Niles
recommended an "aggressive purchase" of Intel,
saying momentum will pick up in the chip-maker's
business in March with the release of its Pentium III
processor.


Intel's shares gained 2 1/4 to 112 1/16.

The analyst also reiterated his "strong buy" rating on
Texas Instruments, sending the stock up 3 1/16 to
89 9/16.

Texas Instruments is holding its analysts' meeting Thursday, and Niles said
he thinks TI's wireless business is making up for some weakness in
storage. His belief is that the company is "comfortable with modest
sequential revenue growth with a slight increase in gross margins."

Other stocks on the upside were Novellus (NVLS), which gained 1 5/8
to 57 3/4; and Altera (ALTR), which continued its volatility, rising 2 9/16
to 52. Advanced Micro Devices (AMD) rose 1/8 to 18 5/8.



To: stock bull who wrote (75269)3/3/1999 5:29:00 PM
From: Neal davidson  Read Replies (3) | Respond to of 186894
 
It is on tonight at 10:00.

Don't worry. Most everyone who is watching T.V. will be watching Monica and Barbara on ABC. Super Bowl type ratings are expected.



To: stock bull who wrote (75269)3/3/1999 5:33:00 PM
From: GP Kavanaugh  Read Replies (1) | Respond to of 186894
 
Yep, 10:00. Sorry I didn't get back to you sooner. Work can be such a bother sometimes. With all these upgrades maybe I won't get any deeper dipping after all. Too bad. I guess I'll just have to settle for going up.

GP