Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: re3 who wrote (3929)	7/14/2000 7:51:14 PM
From: KeepItSimple	Read Replies (1) of 436258

>(new record for intc by the way) And why not? They successfully strongarmed all the analysts to include the 1.5 billion dollar one-time investment gain (from dumping Micron stock) onto the normal revenue column of the balance sheet, which is now going to show Intel with 90% sequential profit increase. The one guy who refused to go along with Intel's order was DROPPED from First Call as an analyst until he "changed his mind." Didn't that used to be called collusion? Who does First Call work for? Why am I not surprised the SEC will never look into this? First call is nothing but a mouthpiece for the companies. Hell, why have analysts at all? Let the company give the lowered expectation #s directly to first call to publish, then no company would never disappoint on earnings day again. And stocks could go up forever! GOD BLESS AMERICA!

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