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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: StockMan who wrote (38440)10/30/1997 7:36:00 PM
From: xstuckey  Read Replies (1) of 186894
 
Stockman, Richard, I think it is pointless to argue over Tom Kurlak. Whether we like it or not, he is the Intel axe among analysts. His estimates are often wildly wrong because he seems to be making a statement with those estimates. That way when he reverses them, the new estimates change the First Call averages dramatically.

On the other hand, I believe he is very honest, never leaking his new estimates to favorites. I don't think the big Merrill Lynch customers get them until the morning he publicly anounces his changes.

My Intel trading program is very sensitive to systematic price changes brought about by "leaked" news. Compared to Kurlak, forthcoming announcements by other analysts and even Intel itself are downright transparent.

Best Trading, X
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