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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (16347)	1/13/1998 9:29:00 PM
From: J.T.	Read Replies (1) of 50167

IKe, Not to defend Kurlak, but he was right las quarter and has stayed out of INTC all the way down. We were wrong thinking it was going to go from 93 area in OCT to 105 or 120 or whatever the number was. I think Groves and co. had a little payback time for Kurlak and kept him in dark this quarter re estimates. I'm sure Kurlak will be getting back in shortly. As for who dare short this market. I think those who shorted SOX all the way down from Oct. 390 levels to these levels until now did quite fine. As you have aptly said, never be a bull or bear or be married to market. We missed good part of ride on way down. JT

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