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To: mike iles who wrote (25541)12/16/1997 11:40:00 AM
From: Thomas G. Busillo  Respond to of 53903
 
Mike, I hear you. Unfortunately, sometimes prosecuting a war involves fighting on the terms of the opposition.

So if the Kurlak defense team calls him "an honest broker", I must believe that when Tom Kurlak has an "accumulate" recommendation, he, being an "honest broker" actually means "I really do want my clients to accumulate (real world definition)".

Having your clients accumulate long-term from the mid-50's to 22 1/8, doesn't go a long way in proving the "best there is argument" does it?

Of course, I also neglected to ask the following:

If Kurlak's price target on MU was 55-60, and "the reason" he turned on MU was that fact that it had reached his price target, then why was the long-term rating at a 2 all the way down to 22 1/8?

Or does this downgrade represent the "long-term" part of Tom Kurlak turning tail and running 38 points too late?

Good trading,

Tom