Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.80

+1.7%

10:38 AM EST

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To: Road Walker who wrote (110324)	9/19/2000 3:21:36 PM
From: Jim McMannis	Read Replies (2) of 186894

RE:"To: Jim McMannis who wrote (110319) John, RE:"I think you guys are underestimating the SEC under Chairman Levitt. There was incredible pressure from the brokerage houses NOT to pass rule FD (selective disclosure), yet he got it through. If you take the time to read his speeches you will find that he is a strong friend to the retail investor, and he has "walked the walk". A class action suit is interesting, I'm not a lawyer, and I have no idea if it could be won. I'm sure BoA wouldn't appreciate the publicity. At worst, it would send a message to the analyst's and their bosses. They might be more careful about yelling fire in a crowded theater. I didn't sell any stock, but I might send an Email to the SEC." All Whittington has to say is that to the "best of his knowledge" Intel was a sell at 76 and a buy at 55. If asked if he did this to facilitate a drop in the stock price he would reply, no, "I didn't have any idea the stock would drop that much so quickly. Market conditions contributed to it..."

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