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To: jmac who wrote (110292)9/19/2000 2:15:19 PM
From: willcousa  Read Replies (1) | Respond to of 186894
 
A class action suit is a terrific idea. Wouldn't that put a stop to most of this garbage! Go to it.



To: jmac who wrote (110292)9/19/2000 2:18:56 PM
From: chic_hearne  Read Replies (1) | Respond to of 186894
 
Re: Folks, did you just hear CNBC's report on Wittington

No, what did they say?



To: jmac who wrote (110292)9/19/2000 2:28:34 PM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
jmac, RE: I am interested in finding persons who own either AMD or INTC stock prior to Wittington's call last week and sold after his call of last week. If you meet these criteria, I would like you to PM message as I am interested in filing a class action suit against Wittington and BOA.

Let me see here. You took the advice of somebody who you have never met before. You most probably haven't even read his original report. And yet you took his advice anyway, even though he has absolutely no fiduciary duty to you.

On top of that, if you followed his advice, you would have made money.

Exactly what would be the grounds of the suit?

And if you won, would you give back the short term profits you gained by selling when he said 'sell' and buying back when he said 'buy'?



To: jmac who wrote (110292)9/19/2000 2:37:08 PM
From: andreas_wonisch  Read Replies (2) | Respond to of 186894
 
Jmac, Re: I am interested in finding persons who own either AMD or INTC stock prior to Wittington's call last week and sold after his call of last week.

I sold AMD yesterday (at the bottom, as usual), only to witness today a 12% gain after the BoA upgrade. IMO it was never more obvious that this was manipulation to drive the stock price down and buy in again cheap later. Especially the price targets for AMD were an joke: Whittington didn't alter his EPS estimates but he upped the price target by 30% today. Does he want to tell us that AMD deserves a 30% higher P/E level today after it was doomed one week ago?

I appreciate your efforts but I don't think you will be successful. Analysts do these kind of things on a regular basis but usually they cover their tracks better. If they get away with this all the time why shouldn't that apply for Whittington this time?

Andreas