Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.03

-1.3%

3:59 PM EST

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To: John F. Dowd who wrote (166856)	6/22/2002 2:15:29 PM
From: The Duke of URL©	of 186894

No, that is not HIS excuse, he pumped money into the system big time because IF the rumor would have been true, it would have been devastating to the economy. He pumped BEFORE because it takes about 3 months to filter through the system, and so if he had waited until after, it would have much delayed. He is, incidently, not the only one who believed that rumor. And he probably DIDN'T believe it, but he could not take the chance. When it turned out to be a bullshit rumor, he began to drain the money out of the system. THIS IS NOT TO SAY THAT THIS WAS HIS ONLY CONSIDERATION DURING this time frame, there were 13 other issues by isolated, this is how he reacted to this specific one.

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