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


To: StockMan who wrote (38294)10/29/1997 4:19:00 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
StockMan, re: False reporting

Sorry, can't agree with you. In a fast market as yesterday was, to report fundamental financial rumors as fact is disasterous. These guys know or at least SHOULD know the effect their information has (had) on the market, they better make damn sure they have their information correct before they put it on the air. Intel was trading over 125,000 shares on average per minute yesterday, it moved 3 points on the information, you can do the math if you want on what effect his *mistake* had in real $'s.

John