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

To: carl a. mehr who wrote (94852)	1/3/2000 1:48:00 AM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Carl & Intel Investors - A Very Interesting Tale of a Short Seller ! Only Slightly Off Topic David Tice - of the Prudent Bear Fund - appears on CNBC quite often and bashes everything that has made America great. According to CNBC reports, he recently helped send shares of TYCO plummeting on his assertions of accounting irregularities. To illustrate the often (but not always) incompetence of CNBC's reporters, no CNBC person has ever forced - or even politely ASKED - David Tice to reveal his Prudent Bear Fund's performance over the past few years. Oh....what a story they MISSED !!! Mr. Tice has kindly posted his annual reports on his Web Site: prudentbear.com His latest - dated 9/30/99 - has revealed the following : From 12/28/95, a $10,000 investment in Prudent Bear's No Load Shares was worth - as of 9/30/99 - $4,910 !!! while an "equivalent" investment in the Nasdaq was now worth $26,359 !!! BOZO TICE wiped out over 50% of his clients investments from 12/28/95 to 9/30/99 - and the NASDAQ has SOARED SPECTACULARALY since 9/30/99 - probably wiping out his clients' money by an even more staggering amount ! I can't wait for Tice to post his most recent results ! I encourage everyone to DOWNLOAD his semi-annual report at the URL: prudentbear.com In the report, he lists hundreds of stocks he has shorted - most stocks which have improved greatly (Intel, Dell, Ciena) as well as stocks that have SOARED recently - including Ancor Communications (which has nearly TRIPLED since 9/30/99 - since Intel announced an investment in Ancor ), Cisco, Amazon, Egghead, NVidia, Motorola !!! This man is taking his clients' money and making it DISAPPEAR - sending it to MONEY HEAVEN ! I expect to hear "Big Things" from Mr. Tice - such as liquidation of his fund (if there is any money left) if this BULL MARKET continues. Paul