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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST
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To: John Koligman who wrote (57894)6/13/1998 8:00:00 PM
From: Francis Chow  Read Replies (1) of 186894
 
There's certainly no doubt Chaplinsky has good contacts at Intel. But the whispering on the Street is that inside Intel, there's concern Chaplinsky's call was uncannily accurate-that perhaps he had taken advantage of his Intel connections to get information others on the Street might not have at their disposal. The talk is that Intel has begun an in-house "witch hunt" to find the leaker, and that the company had been considering pre-announcing its earnings for the quarter, but decided to hold off when Chaplinsky made his recent comments.

You didn't need insider information to predict pc sales were
declining and that Intel would be below the "flat to slightly
down" guidance. If you followed the freely available news, it
was readily apparent. My wonder is why some other Intel experts
have been so slow to catch on - and how they can continue to justify
their very high salaries.
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