Analyst Bashing (intc orcl mu amat csco) Message Board

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Technology Stocks : Analyst Bashing (intc orcl mu amat csco)

ORCL 275.36

-1.9%

3:59 PM EDT

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To: David E. Henry who wrote (35)	12/25/1997 3:43:00 PM
From: Dan Ross	Read Replies (2) of 62

I don't like Kurlak....He follows too many stocks...or attempts too...That may be the problem.....He was WAY off on MU this summer....his estimates brought the consensus up an average of 4 cents if I was correct.....Something like .75 for him and the rest of the analysts were saying .35-.50.......I can't remember exactly....I just remember that he was WAY off....DRAM prices were at 3 year lows on the spot price....It is very easy to predict MU....supply and demand......the stock was 57 at the time SPOT prices were plummetting.....HE WAS FOOLISH.....As soon as he decreased his estimates, the stock lost 7-8 points the next day..... Take care Dan Ross

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