Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Jim McMannis who wrote (91282)	10/29/1999 4:36:00 PM
From: Felix Appolonia	Read Replies (2) of 186894

Jim- Re "You can bet the big brokerages and their analysts have bought before they recommend and sold before they downgrade. One reason, profit. Profit on the stock and profit selling in house stock to their clients. I once wrote a paper on how markets are "manipulated". The list was several pages long." ----------------------------------------------------- Jim, In my opinion, the brokerages know in advance of the analysts comments, or downgrades and either buy or short the stock on the basis of that "advance information." All of us individual investors with much smaller positions can only react after the anaylsts have spoken. This is something the SEC needs to look at, basically how much information the analysts receive and how that info moves the market. GV Tucker did not agree with me about market makers, and perhaps I should have said brokerages, or analysts, etc. Felix

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