Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.72

+3.0%

9:31 AM EST

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To: deibutfeif who wrote (120398)	12/4/2000 12:42:06 PM
From: The Duke of URL©	Read Replies (1) of 186894

Who is selling INTC at these prices? Drew Peck was just on CNBC. Strong recommendation to sell Intel. Reason "Chipmaker stuff." THEN, he announces that his Broker, Cowen and Co. has just "begun coverage" and that every one should take all their money and buy TRANSMETA a new, unproven chipmaker. It has been 25 days since Transmeta IPO'ed. An underwriter must wait 25 days after the IPO to begin coverage. I assume Cowen was an underwriter of TM, but I don't know.

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