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Technology Stocks : Intel Corporation (INTC)
INTC 37.04-6.2%Nov 4 3:59 PM EST

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To: Joseph Pareti who wrote (72841)2/4/1999 10:29:00 AM
From: Mary Cluney  Read Replies (5) of 186894
 
Joseph, I am utterly dismayed that Kurlak still has such clout. He was utterly wrong on Intel and was under a lot of pressure while Intel stock rose after he predicted price collapse. He responded by trying to come up with something dramatic to regain his reputation and called an AMD upgrade.

He obviously didn't do his homework on the AMD call and he had to reverse himself again. Instead of going down quietly, he came up with this bs about a price war.

Listen up, Tom. I don't want to have to tell you this again. There is no war. Celeron price cuts are in the budget and will not hurt margins.

Intel management are professionals. They do their homework - unlike some analysts who cover their stock.

Intel stock, barring interest rate hike and devaluation in China, will appreciate another 35 to 45% from here next six months.

You have another six months to come up with some more bs.

Regards,

Mary
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