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


To: jmac who wrote (110354)9/19/2000 9:38:51 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Jmac,
RE:"The beef is that a lot of people didn't. I am so tired of analysts doing this type of thing. Wittington's use of his power was just so blatant that it really got under my skin. When CNBC folks more or less ackowledge that something funny is up, then you know it's got to be apparent to everyone (although they love to bash analysts also). This just isn't right and ought to be stopped."

Who's going to stop the masses from listening to the next fortune teller? Problem is that a lot of people don't want to do their own research so when one of the charatans says jump, they respond, "how high"?...
I'm running out of fingers and toes counting how many times I've ranted about Wall Street trying to cyclicalize technology.



To: jmac who wrote (110354)9/19/2000 9:46:03 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
jmac - re: ". I am so tired of analysts doing this type of thing. "

You've been around the block a few times - you should be used to it by now.

Re: "Wittington's use of his power was just so blatant that it really got under my skin. "

Whittington has no power per se. Should short term Intel speculators follow his advice, the stock drops, the short termers bail out and eventually, the stock recovers and the weak ones end up losing a lot of money.

There are no guarantees in this business - except one - Somebody will always be trying to fleece the sheep.

Paul