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

To: GVTucker who wrote (110881)	9/22/2000 4:57:43 PM
From: AK2004	Read Replies (1) \| Respond to of 186894

GVT what is practicable for intel since there are a lot of angry portfolio managers because intel did not warn earlier Regards -Albert

To: GVTucker who wrote (110881)	9/22/2000 7:39:00 PM
From: The Duke of URL©	Respond to of 186894

And they do not selectively disclose, in fact the day Leavitt suggested that selective disclosure was illegal, Intel began webcasting its broker conferences. That is an admirable company. JJ hits a nail right on the head: Selective Disclosure in Action By James J. Cramer Originally posted at 4:42 PM ET 9/21/00 on RealMoney.com Click here for the latest from James J. Cramer. Investors grope every day for some understanding of the way these new selective disclosure rules shake out. Confusion about these rules abounds. I think that they will manifest themselves in ways that we will find to be more jarring, but more honest. We saw one of these ways today, but it wasn't an example of the law at work, even though some on the call thought it was. Today Morgan Stanley Dean Witter (MSD:NYSE - news) cratered 10 points in a shockingly disappointing quarter. But don't blame the new regulation for the difference between the earnings-per-share shortfall and the consensus. Morgan Stanley doesn't offer the kind of guidance that the SEC was stopping. In fact, Morgan Stanley Dean Witter is what the market looks like without that hidden hand of guidance. Pretty jarring isn't it? Now, take Newell Rubbermaid (NWL:NYSE - news). Here is a company that is going to miss its estimates by a nickel. In the old days Newell might have called around to the analysts and said, "Hey, what are you using?" The analysts would say 52 cents. The Newell official might have said, "That's a shade too high." The analysts would then have taken a nickel out of the numbers, either publicly -- in a "reiteration of a buy" call -- or privately, in the sheet of numbers that each firm keeps. Newell would not have been rocked, but it would have gone down. Newell is an example of the New World at work. I think there will be a dichotomy between those companies that simply stop guiding, a la Morgan Stanley Dean Witter and those who will guide by press release instead of whisper, a la Newell. The world will be fairer, but far more rocky. thestreet.com