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


To: Paul Engel who wrote (110349)9/19/2000 4:52:16 PM
From: jmac  Read Replies (1) | Respond to of 186894
 
No. I didn't sell anything on the recent downdraft. In fact, I rolled with the punches and sold my higher strike priced calls and bought lower priced calls and thus put myself in the position of being able to profit when things turned. And, yes, people are foolish to follow analysts. Nonetheless, people may have to. And, then there is the "throwing in the towel" crowd. 25% downdraft in 1 week on a stock like INTC is really, well, just crazy. In any event, the statements by Wittington were so blatant that even CNBC folks were snickering under their breath. Someone needs to put a stop to this just like they needed to put a top to selective disclosure.