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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 4:00 PM EST

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To: Mary Cluney who wrote (54315)4/23/1998 4:40:00 PM
From: Jim McMannis  Read Replies (1) of 186894
 
Mary,
What needs to be investigated is what the brokerage house is buying or selling for their own account prior to these public announcements of downgrade, upgrade. The reality is that this has been going on since these brokers were peddling stocks under an olive tree at Wall and Broad Street. There have been complaints but these are powerful companies with tons of lawyers on staff. Any attempt to investigate is met with a fierce barrage of Lawyer stuff. Maybe even threats to stop campaign contributions.
In the long run, everything should even out. Unfortunately, sometimes it doesn't. Intel is too widely known and held not to be valued on it's true merits.
Jim
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