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Technology Stocks : Intel Corporation (INTC)
INTC 38.46-2.6%12:03 PM EST

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To: Paul Engel who wrote (68600)11/16/1998 12:48:00 PM
From: GVTucker  Read Replies (1) of 186894
 
Intersting to read Kurlak's take on the analyst meeting. It is quite apparent that he is much less negative on Intel long term, but the combination of his own ego, Intel's effort to embarrass him, and the current stock price make him very reluctant to upgrade the long term rating on the stock right now.

Which means that he'll either upgrade the rating when the stock hits around $125 (and he's already appeared so wrong that he'll never live it down any way), or, if the market takes the stock down to the $80 level or so, he'll upgrade then, and let us all know that he'd been right all along.
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