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Technology Stocks : Intel Corporation (INTC)
INTC 35.47-0.8%10:19 AM EST

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To: puborectalis who wrote (67008)10/19/1998 9:39:00 AM
From: Jules B. Garfunkel  Read Replies (4) of 186894
 
Harry, Stephen, Paul and All,
The question is, why does Kurlak ignor Intel's guidance, disregard Intel's answers to his direct questions, and not acknowledge that he has been dead wrong on his 2H98 earnings estimates?

Since August 20, 1998, his earnings estimates for INTC's earnings for 2H1998 and Y1999 have been increased twice, by more than 15% for each year. Yet, he has not changed his recommendation on INTC from the neutral rating he assigned on Aug. 20th.
Regards,
Jules
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