SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Kim who wrote (109930)9/14/2000 1:01:59 PM
From: Burt Masnick  Read Replies (1) of 186894
 
In that famous indident Kurlack downgraded Intel (around 55 I think) and then upgraded it around 75 (this is a couple of splits back). Louis Rukeyser made fun of him on Wall Street Week, arguing that it was hard to understand how it was more desireable to buy it a few weeks later at 75 then to short it or sell it at 55. That was the beginning of the end for Kurlack, who was then berated humerously but publicly by Craig Barrett at a stockholder's meeting for preventing Merrill Lynch customers from being holders of Intel. That was the beginning of some great posts on SI about why analysts try to become the AXE on big stocks (because they are rewarded lavishly for that status).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News