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Technology Stocks : Analyst Bashing (intc orcl mu amat csco)
ORCL 275.36-1.9%3:59 PM EDT

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To: Dan Ross who wrote (37)12/26/1997 10:51:00 AM
From: Scooter  Read Replies (1) of 62
 
Dan--Re: Kurlak
I agree. I think he follows INTC, MU, TXN, AMD, SNDK, XLNX, and some others.
He did blow it on MU big time. His target was $60 and if my memory serves me correctly he didn't downgrade (the first time) until it dropped to $40, and opened up at $34. He did a complete 180 and still thinks that it's going into the teens.
I think it's hilarious the way he recently handled SNDK, a stock probably not a lot of people have heard of. They announced a shortfall or something, and were down big one day recently (within the last couple of months.) It had run up on one of his table poundings, and now was getting killed. Anyway, he pounded the table again around $30 and said it was way undervalued. I think it's under $20 now.

Regards,

Scooter
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