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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: Maverick who wrote (53457)4/15/1998 6:28:00 PM
From: TTOSBT  Read Replies (1) of 186894
 
Maverick and tread, Re: >"His office said Kurlak saw "additional downside" for Intel shares but declined to give a specific target."<

Maybe Merrill or Kurlak got tipped off the FTC or DOJ is about to disperse some more negatives at Intel. Something currently unknown to the public may be about to come out shortly. But not to give a specific target doesn't sound as bad as late market trading indicated. CNBC's report Kurlak was give a $60 price target was wrong and caused panic.

IMO Intel will not be the high flying tech leader until FTC or DOJ issue goes away. I think Kurlak or Merrill knows this and taking every advantage to manipulate any run up. Likewise Intel's buy back plans will curb any selloffs. So the tug of war up's and down's will stay with us for awhile.

TTOSBT
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