Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: Mary Cluney who wrote (49239)	3/3/1998 11:45:00 AM
From: Jim McMannis	Read Replies (1) of 186894

Mary, Right now Kurlak has egg on his face with Intel...he needs it to go down to bail himself out of his last bad call...To downgrade it again would draw attention to his last stupid call...so what he does is downgrade the whole sector...suggesting that the SOX index will drop a third from 300 to 200. Of course Intel would drop by about a third too. Like 85 to under 60. Then Kurlak is bailed out and he puts on a buy... Trouble is that the guy actually thinks he can pull this off. The only truth to all this is, is that he's overpaid and over followed. ML has had too many "easy" years... Jim

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