Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.27

-1.8%

9:30 AM EST

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To: Mike Morley who wrote (64837)	9/15/1998 11:58:00 PM
From: Paul Engel	Read Replies (3) of 186894

Mike - Kurlak has issued several sets of numbers. That is typical for some sleazy operators. Now, whatever Intel posts, he can say that his numbers were REAL CLOSE. He just won't specify which sets of numbers he used. Erika Klauer (then of Salomon) used to pull a similar stunt. She would have one EPS number as her "official" estimate and then issue a statement to the effect that she doesn't think Intel will hit her "whisper" number which was 10 or 15% higher ! She couldn't lose ! If Intel hit the high number, she'd crow that she actually called the high number. If Intel missed her high whisper number, she'd SLAM Intel for missing the "revised" estimate and still claim she was nearly correct with her "original" estimate. There is no end to the games these analysts play. Paul

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