January 14, 1998

Stocks rise sharply in anticipation of strong fourth-quarter earnings from Intel Corp; investors are hopeful that Intel's results will be sign that Asian economic turmoil is not battering nation's high-technology companies; Nasdaq market, where Intel and many other technology companies trade, rises 34.05 points, or 2.26 percent, to 1,541.63; Dow Jones industrial average rises 84.95, or 1.11 percent, to 7,732.13, and Standard & Poor's index of 500 stocks advances 12.91, or 1.37 percent; Intel reports fourth quarter revenues of $6.51 billion, up from $6.44 billion in fourth quarter of 1996; profits for quarter were $1.74 billion; Intel shares rise 1 1/4, to 76 7/8; Federal Trade Commission announces that at least for time being it will not try to block Intel's $420 million purchase of Chips & Technologies Inc, a leading producer of graphics chips; Advanced Micro Devices Inc reports fourth-quarter loss of $12.3 million on revenues of $613.2 million; figures somewhat surpass Wall Street estimates; graphs; charts (L)

Family of Yan Zhen Zhao, 16-year-old student who was critically injured when bricks tumbled from school construction project in Borough Park section of Brooklyn, discuss accident and condition of their daughter, which they say is near death; photo (M)

Irag carries out its threat to block arms inspection by American-dominated team, provoking calls for action in Washington and foreign capitals, and forcing Security Council to look again for effective way to condemn Baghdad without threatening force; US officials reiterate earlier warnings but do not suggest what Council should do; Defense Sec William Cohen says Pres Saddam Hussein is not in position to dictate who can conduct inspections; photo of William Scott Ritter Jr, leader of barred inspectors (M)

Israeli Cabinet says Israel will make no further withdrawal from West Bank unless Palestinians satisfy series of stringent conditions; Palestinian leader Yasir Arafat's aides dismiss conditions as another attempt by Israel to avoid any further withdrawal; it appears that Prime Min Benjamin Netanyahu will go to Washington for meeting with Pres Clinton without any proposal that will enable stalled peace negotiations to resume; Clinton will meet with Netanyahu on Jan 20 and with Arafat on Jan 22; Israeli decision follows brief visit by US mediator Dennis Ross that was generally depicted as failure by Israelis and Palestinians (M)

Unusual meats are becoming increasingly common at restaurants across America; buffalo, wild-boar, antelope, ostrich and even more exotic fare is turning up on restaurant menus; photos; recipes (L)