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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%3:59 PM EST

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To: puborectalis who wrote (64182)9/9/1998 4:09:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Stephen - Re: "Kurlak will demand he's right in his view of Intel's future."

I doubt that Kurlak cares if he is right or wrong - he never seems to back uo his preodcitions with anything like data.

Instead, his goal is to move Intel's stock with his "comments" - and scare Merrill Lynch clients into selling (usually) so as to increase commissions for Merrill's brokers.

A very simple game.

When that doesn't work, I'm sure he'll switch to BUY ratings.

I sure hope Kurlak bought a ton of Merrill's stock a few months ago !

Paul
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