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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%Dec 3 3:59 PM EST
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To: Barry Grossman who wrote (73630)2/14/1999 2:10:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Barry - Re: "Wall Street is feeling threatened by small-time internet traders"

As clearly exemplified by the departure of Kurlak from Merrill, the Wall Street "SHTICK" is no longer working.

Large brokerages firms want to control WHAT investors should know (sell them their research), HOW they should know it (Customers must wait for delivery of research reports), and WHEN customers should get that information (when the Big Firms decide to "openly" release their slanted stories).

FOr years, Wall Street has been telling us that Intel is doomed, all the while the Big Firms may be threatened by the internet - which itself is ACCELERATING Intel's growth.

The Big Research "clubs" of Wall Street are increasingly irrelevant.

Paul
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