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

To: rudedog who wrote (79458)	4/18/1999 1:37:00 PM
From: Andreas	Respond to of 186894

To Thread, The following recent coverage by Credit Suisee which came out this past week may be of some interest. We are assuming coverage of Intel with a BUY rating on the stock given the effective market segmentation, strong manufacturing leverage, and good upside that can benefit from growing Internet demand. Therefore, we believe the company can trade to 25-30x to our 2000 EPS estimate, and are setting a 12-month price target of $75. While the next quarter does not appear to offer any distinct catalyst to the stock, we recommend that investors buy Intel on any weakness. Intel's business execution should continue to build momentum, with seasonal strength and some very interesting new product introductions (such as the 500 MHz + "Coppermine" mobile processors) making for a very robust 2H99.