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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 208.47-7.2%3:59 PM EST

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To: treetopflier who wrote (265)12/24/1998 1:53:00 PM
From: Bob Trocchi  Read Replies (1) of 717
 
ttf...

>><. Merrill doesn't know anything about the technology. All they know is that they make money if the stock goes up and their customers, who they pushed the stock to won't hate them! <

Merril's semi-coductor analyst, Tom Kurlack, from sometime in late summer to just the other day kept telling people that Intel would have big problems. Had price target of 60 as I remember. Now that stock is around 120, Kurlack now is upping his 99 earnings forecast and recommending Intel. Surely makes you wonder.

With that said, I am short MSTR and watched it jump to 30 today on no news that I could find. I pick on Tom Kurlack and it seems like I am no better. On the other hand, I have been long on INTL for a few years and he did not shake my confidence in INTL. Win some and lose some.

A Merry Christmas to All.

Bob T.
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