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Technology Stocks : Intel Corporation (INTC)
INTC 46.96-2.8%Jan 16 9:30 AM EST

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To: Glenn D. Rudolph who wrote (74040)2/19/1999 10:45:00 AM
From: Bill Jackson  Read Replies (1) of 186894
 
Glenn, I see self roasting Kurlak fell some time ago.
I recall the boiler shops who would call 2000 people with a stock pick, tell 1000 it will go up and 1000 it would go down. A few days later call the 1000 you were right with and do it again, 500 up and 500 down, and then 250 up and down, and finally 125 with a reccomendation to buy your scrap paper and the 125 would buy as you had three straight good calls.
Same with these gurus, it often looks like a random walk they follow. Some think we are primed for a fall and say so, and the market soldiers on, making then liars.
This time Intel is ready to fall.
So say I guru #n+44, Deadline September for Intel to have fallen by 35%.

Bill
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