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

To: Mary Cluney who wrote (47962)	2/17/1998 12:01:00 AM
From: greenspirit	Read Replies (1) \| Respond to of 186894

Mary, I read recently that after attending the Goldman Sachs technology conference, Cramer said some very favorable things about Intel. Forget where I read it though. If I get a chance I'll try and dig it up. I have a bit of a soft spot for Cramer, it was his tireless articles in SmartMoney magazine around mid 93 which made me take the plunge and make my first investment in Intel. :-) Michael

To: Mary Cluney who wrote (47962)	2/17/1998 5:27:00 AM
From: Paul Engel	Respond to of 186894

Mary - Re: " perhaps opportunistically hoping to reinforce each other's ability to influence the market. " A good friend of mine describes this situation as when these folks begin to believe their own BullSh*t. Very dangerous when that happens. Paul

To: Mary Cluney who wrote (47962)	2/17/1998 1:53:00 PM
From: Larry Loeb	Read Replies (1) \| Respond to of 186894

Mary, I wouldn't class Cramer and Kurlak together (let alone with Granville and Garzarelli). Granville and Garzarelli had a "system" that gave them buy and sell signals (actually, in the case of Granville, sell and sell signals). Both made one spectacular call (Granville in Dec. '80 and Garzarelli in Oct. '87) that made their reputations as market gurus. Reputations that have since been lost. Kurlak is a stock analyst (of our favorite stock). He often seems to be off in left field (his recent call had more to do with DRAMs, which INTC no longer makes, than processors), but, none the less, has made money for institutional investors by not calling tops or bottoms, but by recognizing trends. While Kurlak, in March of '96, was saying that INTC would go into the 40's (pre-split) - it bounced off of 49.50, he was wrong. He issued his buy at around $70 and caught the move up into the $120s (or higher), before reversing himself. It should be remembered that it was at around $110 when the other K - Ericka Klauer - made her prescient call to sell, leading to a minor sell-off to the $90s, before the march over $200. Cramer is a hedge fund manager who loves Intel, but trades in and out, depending on his views of the market at a particular point in time. He has commented based on his experience following Kurlak's calls (he made money - the ultimate measure). Cramer is never slow to criticize himself or analysts that he doesn't believe in. If you are a buy and hold investor, then I wouldn't worry about Cramer or Kurlak, they are thinking in a different time frame. Larry