Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Shahen Petrosian who wrote (45946)	1/18/1998 7:59:00 PM
From: Dale J.	Read Replies (2) of 186894

re: <<Are there laws against it? Is it illegal for an analyst to tout or downgrade a stock and then act against their advice? Who watches over this?>> Hi Shahen: You asked good questions. I think every investment institution denies it occurs, and most analyst are clever enough to deflect this charge of unethical practice. Many on this thread will even argue that it is just conspiracy talk and that the analysts would never think of participating in such a practice. To them I say grow up. There is big money in the market. Some of the big name investment houses can add or knock out billions of dollars in market cap with a few upgrades or downgrades. IMO, there is no question this abuse occurs. I think the best protection against it is an educated investor that understands the analysts are not public servants and they are not unbiased. They have vested interests in making money for their paying clients. Dale

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