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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 (69746)12/11/1998 12:13:00 AM
From: Paul Engel  Read Replies (1) of 186894
 
Stephen - Re: "TK uses the term "irrational exuberance""

Not very original, is he?

Notice that KURLAK DID NOT DOWNGRADE AMD despite his negative opinion of the PC/CPU industry.

And he didn't address HOW FRIGGING WRONG he has been on the PC/CPU market over the past 6 months.

What does he think - no one remembers he said Intel was going to $60 and their business was dropping and their ASP's were dropping?

And what did Intel do?

The pre-announced TWO QUARTERS IN A ROW an upside REVENUE surprise.

Intel's stock zoomed to $120 !

Why didn't KURLAK - the BRILLIANT ANALYST THAT HE IS - predict the UPTURN in Intel's business?

Paul
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