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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: William Hunt who wrote (168180)7/14/2002 3:13:12 PM
From: NITT  Read Replies (2) of 186894
 
re: "Really questions Bush's credibility in the Harkins issue"

I read it, and still don't see a smoking gun. Harkins was apparently forecasting a loss for the quarter when Bush sold... looks like it may have been $9M. It also looks like the Flash Report that Bush read before the sale was projecting only a $4M loss versus the $23M actual loss. If he believed the flash report he might have though he was leaving money on the table but he chose to sell. Also, reporting the sale if not as important as reporting the intention to sell as far as I'm concerned. He did report his intentions in advance, which gave a heads up on what he was doing to anyone who might care. Reporting the actual sale while required is far less important. Did I read the article right?

I've heard Clinton's former SEC chairman say he looked into this when he came on and saw no problem. This is all about grabbing headlines and a big dose of politics. Many of these a**holes in congress (on both sides) along with their supporters could give a sh*& about the confidence of the American consumer and the confidence of the world in our system, it's all about getting the votes and getting the seats at any cost.

The Democrats need to remember who was the chief executive when much of the really bad stuff started including business scandal, terrorism against America, and even the start of the slide that has lead to the current business and market drop. And the Republicans need to remember things are cyclical... remember the saying "What goes around comes around"

Nitt
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