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Technology Stocks : INTC
INTC 40.03-1.3%Dec 1 3:59 PM EST
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To: tintin who wrote (184)4/13/1997 3:46:00 PM
From: Reginald Middleton   of 990
 
No they don't. What group of competitive institutiions are going to move in collusion to move INTC? That is not a realistic assertion. The reason I used an individual, is because a trader within an organization would never get the okay to commit that type of capital for the medium term in an attempt to move a stock and he would not be able to do it in the '90's without being caught. Worst case scenario, they attempt to unload their inventory at a profitable negotiated price (not necessarily the going market price), and then they will probably convince an institutional client to buy them in a block trade off the exchanges. You seriously overestimate these companies' power, risk management policies and capital structure.
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