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Strategies & Market Trends : BedTime for Intel or Kurlak???
INTC 41.34-0.4%3:59 PM EDT

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To: JR Medlar, 2nd who wrote ()4/15/1998 11:50:00 PM
From: Jeff Kirk  Read Replies (3) of 29
 
I think the stock was manipulated all day by {INTEL} buying back shares , and at the end of the day the torrent of sellers overwhelmed those trying to slow the fall . Intel can buy back about 100 million more shares but after that we could see some really big fast drops when nobody's propping it up . Kurlak is being used as a scapegoat and shouldn't be blamed for Intel's falling profit margins . JK
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