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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (86686)1/12/2000 1:32:00 PM
From: f.simons  Read Replies (1) of 1572865
 
>>, the opposite is true of Bill Fleckenstein of Fleckenstein Capital and Fred Hickey of the High Tech Strategist newsletter. Both are known as longtime bears on technology, which means they're often dismissed as "permabear" crackpots.<<

Hi Ted-
This is putting Fleckenstein's position in the money management world a little kindly. This is a guy who was managing upwards of 100MM three years ago and is now down to about 20MM. He is a joke. He has been predicting bad quarters for Intel for so long he is bound to be right once in a while. Why doesn't Greenberg list all the quarters where Fleck was wrong?
It may well be that Intel will miss Q4. We will know tomorrow. But if Fleck is right about the quarter it will be because even a broken clock is right twice a day, not because he knows what he is doing.
Regards
Frank
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