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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%Nov 13 3:59 PM EST
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To: American Spirit who wrote (130399)3/19/2001 3:31:25 PM
From: GVTucker  Read Replies (2) of 186894
 
American Spirit, RE: Last time Ashok downgraded INTC went to 27 then up to 35 in three days. Contrarian indicator. Always downgrades at the bottom.

Patently false.

Kumar last downgraded Intel from a "Strong buy" to a "buy" on 5 September 2000. The stock opened that day at 71 1/16, closed at 69 1/4, and has not been above 69 since.

Pretty dang good call.
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