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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Jim McMannis who wrote (94807)	1/2/2000 1:02:00 PM
From: Burt Masnick	Read Replies (3) of 186894

Jim, the problem isn't that Yardeni identified the problem (he didn't) or that he publicized the problem (he did). The problem was that he predicted a virtual meltdown. He had all the same data as everyone else, but his interpretation was that there was going to be an economy shattering event there. There is a word for his kind of analysis. It's highly technical but completely applicable. WRONG! He was like one of those guys in the cartoons carying a placard saying, "The End is Near". He was the apostle of doom. He didn't help anything happen. My company was late to the Y2k party and they started in January of 1998. He is a typical example of someone who is expert in one area who makes judgements in areas out of their expertise. In other words, he was worse than clueless. That's why his feet should be held to the fire.

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