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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: puborectalis who wrote (67782)11/4/1998 2:56:00 AM
From: Fred Fahmy  Read Replies (3) of 186894
 
<There's a rumor going around that our boy Tom Kurlak is preparing a concession speech...>

Well, I'll have to see that in print before I believe it <ggg>. Seems like the more he is wrong, the more suborn he gets about his views. Even when Intel gives him direct guidance (including answers to his very own questions) he chooses to ignore it. If he ever does concede, it won't be the first time. Last time he was this bearish and made a reversal was in the spring of 1996. I remember distinctly reading an article at that time in which he admitted how wrong he had been and how he had underestimated Intel. Perhaps he should dig up that old article and but the world "again" at the end of all key sentences.

<a new 52 week high for Intel would validate his incompetency! >

I was actually wondering when he was going to make new bearish remarks in an effort to delay this event.

Good luck to all,

FF
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