Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.03

-2.5%

9:36 AM EST

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To: Jules V who wrote (60825)	7/19/1998 6:03:00 PM
From: Paul Engel	Read Replies (1) of 186894

Jules - Re: "That's all. For one so critical, compare your own predictions as an analyst of sorts, there have been some big reversals. " I don't predict what Intel's stock is going to be on any given day. Likewise, I don't claim - and never have claimed - that Intel's stock is always going to go up and not go down. My focus has always been to assess Intel's technology and decide if that technology will translate to dominant products. Dominant products eventually translate to future growth. Kurlak - who I'll admit can swing Intel's stock up or down - tries to predict short term changes in Intel's stock valuation. He has made correct calls and incorrect calls. On average, "traders" following his advice would probably break even over the long haul following his whip-saw prognostications. Merrill Lynch, on the other hand, makes money whether or not their customers make money. On the other hand, long term investors in Intel have regularly been rewarded for their patience. And they don't have to reward Merrill Lynch (or any other broker) with each change in mind-set that Kurlak happens to put forth on any given day. Paul

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