RE: Intel comments
Those of us who have listened to BB over the years know that he makes two kinds of recommendations on the show. First, and foremost, are the very clear and emphatic recommendations to invest in no-load mutual funds in general. Occaisonally (more-so lately, it seems) he will discuss recommendations on specific mutual funds. Second, and much more infrequently, he will discuss stocks. Most of his stock comments are what I would call "between the lines" recommendations. For example, a wise listener may have shorted Coke several months ago, based on BB's frequent comments about the over-valuation of that stock. Never once, however, did BB recommend shorting Coke. I can recall similar comments a few years back about IOMEGA, Gillette, and other high-valued stocks.
I too, however, am baffled by his comments on Intel. I wonder if BB hasn't been nabbing a quick 10 or 15 percent on Intel's price swings this past year, and that this is simply the first time that the details slipped out on the air ?? |
