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

To: Paul Engel who wrote (76986)	3/22/1999 3:29:00 AM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Intel Investors - Erika Klauer Reiterates STRONG BUY on Intel BT Alex. Brown & Sons analyst Erika Klauer reiterated a strong buy rating on Intel Corp. , saying its first quarter should be in line with company guidance and that recent fears about its growth slowing are overdone. This may be the Kiss Of Death - she has been SO WRONG on AMD and Intel in the past, but, what the heck - there's a first time for everything! Paul {================================} newsalert.com March 19, 1999 15:14 RESEARCH ALERT - Intel strong buy retierated Jump to first matched term SAN FRANCISCO, March 19 (Reuters) - BT Alex. Brown & Sons analyst Erika Klauer reiterated a strong buy rating on Intel Corp. , saying its first quarter should be in line with company guidance and that recent fears about its growth slowing are overdone. --"Fears that Intel would pre-release have been proven false and we think whispers that Intel may issue a profit warning will subside now that the quarter is nearly completed," Klauer said in a note to clients. --Klauer was referring to rumors that hit Intel's stock last week, that the chip maker would pre-announce that its first quarter earning would come in below analysts' expectations. --Klauer said she believes that Intel's first quarter should come in line with guidance provided during the company's fourth quarter conference call, that revenues will be flat to down slightly versus the fourth quarter. --"We believe that the company will indicate that second quarter sales should be flat to slightly up while gross margins continue to improve due to a richer product mix and enhanced market share," she said. "We expect that guidance should come as a welcome relief to those that have feared that business is slowing down." --Klauer said she is looking for Intel to report first quarter earnings of $1.14 a share. Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. More Info