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To: GVTucker who wrote (84986)7/6/1999 3:29:00 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 186894
 
<So he kind of preannounces his own info, in hopes of stifling this rally.>

And you have no problem at all with this, right? In effect, you are saying that Dan Niles is trying to move the market himself, rather than call it. It's as if we are to put all the recommendations he spews out through a filter, instead of taking them at face value.

Yeah, I know, this is real life, and we see stuff like this happening all the time. But it's not something we should be defending anyway. I might be taking this a little too seriously, but I feel the moment someone says "This is OK" is the moment we hand over the stock market into the hands of the powerful few.

At least we agree on one thing. Dan Niles shouldn't be taken at face value. Any surprise?

Tenchusatsu



To: GVTucker who wrote (84986)7/6/1999 3:38:00 PM
From: Tony Viola  Read Replies (2) | Respond to of 186894
 
GV, good call on what Niles may be thinking, except, you say:

Further, he's guessing that the 2H will be excellent, also a not
uncommon event.


He's said 3Q will be worse than expected. Kind of hard to have an excellent 2H with a not-so-hot 3Q unless, of course, Intel blows the doors off in 4Q. Also,

And he thinks that Intel will miss the quarter, a not uncommon event
for the 2Q.


Except expectations are always low for 2Q, lowest of the year.

Niles, with his sell-but attractive call, ought to get a real job.

Tony