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Politics : Ask Michael Burke
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To: gnuman who wrote (78039)3/17/2000 1:43:00 PM
From: Earlie  Read Replies (1) of 132070
 
Gene:

Much obliged.

I look forward to comments from some of the RMBS bulls. (g)

Sooner or later the market is bound to start looking at the details of this eyebrow-raising relationship (Intel-RMBS) and start to connect the ugly little dots. On a best case basis, it may turn out to be just a dumb mistake by a company in a panic. Unfortunately, the longer Intel continues to pretend that this tulip actually has some real value, the more folks might come to view it as a situation where the sale of RMBS stock at obscene (dare we say overly promoted by Intel) prices is the motivation behind a delayed owning up to the facts. Class action suits, especially where deep pockets are involved, have originated from less questionable circumstances. Personally, I think the whole thing reeks and that Intel is pushing the envelope. I'm starting to enjoy the dig on this one. (g)

Best, Earlie
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