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To: Pravin Kamdar who wrote (61798)11/2/2001 3:39:09 PM
From: andreas_wonischRespond to of 275872
 
Pravin, Re: I look forward to the investor lawsuits that will be forthcoming.

There has been already one filed:

biz.yahoo.com

The complaint charges Intel and certain of its officers and directors with issuing false and misleading statements concerning its business and financial condition. Specifically, the complaint alleges that as a result of Intel's extraordinarily bullish statements and assurances during 7/00-8/00, on 8/28/00, Intel's stock hit its all-time high of $75-13/16. But the positive statements about the strong demand for Intel's products, Intel's improved manufacturing processes and efficiencies, the successful development and introduction of its Pentium III microprocessor, the successful development of the Pentium IV, Itanium and Timna chips and the outlook for Intel's 3rdQ 00 results, issued from 7/18-19/00 through the Intel Developer Forum, were false.

Andreas