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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: bberthot who wrote (84975)	7/6/1999 12:59:00 PM
From: GVTucker	Read Replies (2) \| Respond to of 186894

Bryan, REYour hypothesis is well-founded. How many times will an analyst (or a mutual fund manager -- are you listening Jeff Vinik?) do what's in his best interest, as opposed to issuing "objective" projections? Ninety-nine times out of 100, they'll upgrade or downgrade (or buy/sell/short) a security based on what will benefit THEIR own wallets first. Can you blame them? You misunderstood my hypothesis. No question that an analyst will recommend what will benefit his/her own wallet first. Most often, however, the thing that will benefit an analyst's wallet most would be a correct prediction.