JDN, >I am very impressed that Niles would take such a public bullish stand on INTC. To project a better than 50% price increase in 12 months really puts ones reputation out there on the line. Usually, they start much lower and raise their targets as things pan out. He must be very confident. Do you think that was the image he projected?
He was absolutely very confident. Almost made me think he is his own mole. Don't forget, this is the same guy that voiced very loudly 'I'd sell it (Intel) if I owned it' about 3 times on CNBC about a year ago. Dropped the stock 3 bucks in 10 minutes. I wish the CNN guy had some clue (like Mark Haines on CNBC) and asked a tough Q, like how about Rambus. Before the CNBC trashers go nuts, I said Haines has some clue, which he does about tech, and he does ask some pretty good questions. Most other business show hosts are handed a list of Qs they know nothing about. Anyway, as I was listening to Niles, I kept thinking, yes, but what about the Rambus situation?
Like you said, Niles has put his rep on the line here.
Tony |
