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


To: GP Kavanaugh who wrote (80506)5/7/1999 10:55:00 AM
From: Nevin S.  Respond to of 186894
 
Thanks for that post GP. Looks like Niles at CSFS is trying to make a name for himself.

From Briefing today (5/7/99):

09:24 ET Intel Corp (INTC) 59 11/16: Chip maker's shares indicated 1/2 higher in pre-market. This morning, Merrill Lynch reiterating "accumulate" rating. Move comes on heels of cautionary comments by BB Robertson Stephens analyst Dan Niles yesterday. Niles concerned that average selling price (ASP) could be pulled lower by greater than expected concentration of low-end Celeron chips in April.