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


To: GVTucker who wrote (110328)9/19/2000 3:37:34 PM
From: Tony Viola  Read Replies (2) | Respond to of 186894
 
GV, >I stated at the beginning of the day that I thought that Intel was going to bounce now.

If I say tomorrow that I think Intel has gotten too high at, say, $65 or so, can I be sued to?


That, at least the latter, is just valuation. I believe Whittington said, in so many words, last week, that Intel, and/or their business was not looking as good as it had been. Just one week later, he's saying it looks pretty damn good. Point is, a business like Intel's doesn't turn on a dime like that. I have no idea about lawsuits, but you just don't flip flop fundamental judgments like that. How can this guy look his clients in the eye, or in a mirror?

Tony



To: GVTucker who wrote (110328)9/19/2000 9:36:06 PM
From: SisterMaryElephant  Read Replies (2) | Respond to of 186894
 
GV Tucker,

<I stated at the beginning of the day that I thought that Intel was going to bounce now.

If I say tomorrow that I think Intel has gotten too high at, say, $65 or so, can I be sued to?>

Not as you described it. What if you had insider information? Like you knew Fidelity is about to dump.

I think many of us have it all wrong. It was not Rick W. who caused Intel/AMD to tank, IMHO. It was the heavy selling by a large fund(s) (notice the volume) that caused the drop. There is nothing illegal about this. An illegal scenario "might" be that Rick W. somehow got a hold of this information and makes the downgrade announcement the day the selling commences. The upshot of all this is that he makes a name for himself and the brokerage firm. When Fidelity decides to sell, you know the stock will react. Does'nt Fidelity go through a broker? Perhaps they utilize different brokerage houses which is why today the "axe" could be BoA, tomorrow it could be MLynch.

Just some musings I like you to debunk.

Regards.

SK