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

To: Tony Viola who wrote (76704)3/18/1999 12:04:00 PM
From: Car L  Read Replies (1) | Respond to of 186894
 
This may old now:

Intel Corp. rose 2 to 122 1/2 after Joseph Osha, an analyst at Merrill Lynch & Co. rated the No. 1 chipmaker ''accumulate,'' and said the stock could rise to 142 in the year to come. Osha replaced Thomas Kurlak, who left Merrill in February. Kurlak had been one of Wall Street's most watched semiconductor analysts.

Intel is transforming itself from a personal computer company to a server and network processor company, Osha said, and ''concerns about a weakening PC market are overdone.''



To: Tony Viola who wrote (76704)3/18/1999 2:06:00 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Tony, RE:<<I assume his replacement researched (unknown activity for Kurlak) and produced the positive report on Intel today.>>

Actually, Kurlak's replacement has worked for Kurlak for a pretty long time. My guess is that, after reading some of the reports he has written over the past year, Osha will be more similar to Kurlak than dissimilar.


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