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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: Jim McMannis who wrote (54319)4/23/1998 4:53:00 PM
From: Mary Cluney  Read Replies (1) of 186894
 
Jim, >>>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.<<<

I can understand the wiggle room for front running prior to upgrade or downgrade - but what I see here is a blatant PR campaign to influence prices. Take a look at today's intraday chart and correlate the CNBC muttering (there were no direct quotes of any kind and no story of any kind) and the plunge in prices in the final two minutes.

CNBC is so sloppy in their reporting - it is pathetic - they are so easily manipulated.

Mary
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