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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: f.simons who wrote (86709)	1/12/2000 2:59:00 PM
From: tejek	Respond to of 1572788

Why doesn't Greenberg list all the quarters where Fleck was wrong? Greenberg refers to them as "permabear crackpots"...I think that's about as honest a character observation as you can get without going thru the detail that you are suggesting. It may well be that Intel will miss Q4. We will know tomorrow. But if Fleck is right about the quarter it will be because even a broken clock is right twice a day, not because he knows what he is doing. Actually, Frank, the slippage of Intel has been predicted by several people including the famous analyst (was it Edelstone or Kurlop?) for several years now. And if you look at Intel's financials closely, you will see the ways that they have kept the bears from the front door. But rather than get into a hassle over this, I have a recent experience which provides anecdotal evidence of Greenberg's prowess and simultaneously Intel's vulnerability. I belong to Clearstation, a stock investing website with all the fundamentals and charting tools in place, and none of the glitter. The founder is a man called Kensey. When any member of Clearstation recommends a stock, you can be alerted by email. I am on Kensey's mailing list....he is really good at picking stocks on their way up and entering them at the most fortuitous time $wise. One of the stocks he entered into not too long ago was ANCR, a new, fast growing tech company into server switchers. Now ANCR was a stock written up a lot in Greenberg's column...and in many ways was shown to be manipulating the market place. So as soon as I saw that Kensey had taken a position in the stock, I emailed him, giving him a 'heads up' to the problems and referring him to the Greenberg articles on the stock. His response was that the stock can not be as bad as Greenberg says 'cause Intel has invested into the company. I responded by saying that from where I am sitting, Greenberg's track record has been considerably better than Intel's of late. A week later ANCR prewarned and admitted that they had hyped their original numbers. Of course the stock tanked.....and Kensey is down 45%. Not a good trade. With this story I am suggesting that too many of us are ready to shoot the messenger rather than the real culprit. Just a thought. ted