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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Kevin K. Spurway who wrote (26708)12/13/1997 12:36:00 AM
From: Kashish King  Respond to of 1572883
 
Well, go back and look at, say, CSCO for example and then tell me how they took a so-called hit by making cautionary statements that brought the stock down to the $40s from the $50s? Did they sell? No, so where's the hit? Where, indeed, given the stocks subsequent rise to the high $80s a number of weeks after that. There isn't anything to prove and it's again very naive to think that's even worth considering a lawsuit based on either cautionary or upbeat comments which have a temporary effect on a stock's price. The fact is, there is nothing unsusual about those practices although Jerry Sanders has raised the foward-looking comment to an art form. Larry Ellison could have moved ORCL up a couple of points with some very innocent and legally meaningless comments but he chose not to and only he knows why.