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

To: GVTucker who wrote (130402)3/19/2001 3:35:10 PM
From: American Spirit  Read Replies (1) | Respond to of 186894
 
Last time Kumar went on CNBC and bashed INTC it was at around 33. It quickly dropped to 27. Three days later it was back to 35. I'd like to see his trading records.



To: GVTucker who wrote (130402)3/19/2001 4:42:49 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
GV - Re: "Kumar last downgraded Intel from a "Strong buy" to a "buy" on 5 September 2000. The stock opened that day at 71 1/16, closed at 69 1/4, and has not been above 69 since."

You are saying Kumar had Intel rated at a BUY at $71 - from which it has dropped to $27 - and that was pretty good call !

Yep - I'll bet all those folks who BOUGHT at $71 think it was a SUPERB call.

Paul


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