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

To: Maverick who wrote (53457)	4/15/1998 6:23:00 PM
From: AlanH	Respond to of 186894

Maverick, let me guess... You're short INTC? Merrill's Kurlak says Intel could hit $60--CNBC. TK is not alone. His INTC outlook resonates w/ others including Briefing.com analysis I posted earlier... C'mon, the Briefing.com analysis was a mixed bag to be sure -- including favorable remarks which were missed by your post/s. It's tough to compare Kurlak's outlook with Briefing, since Kurlak was not obliged to "show his work". But, I'd dare speculate that Briefing does not foresee a $60 target. (Lucky for Briefing, they do not have the burden of erasing an earlier $50 prognostication.) And, who are the "others"? No running, no diving, no horseplay. <g>

To: Maverick who wrote (53457)	4/15/1998 6:28:00 PM
From: TTOSBT	Read Replies (1) \| Respond to of 186894

Maverick and tread, Re: >"His office said Kurlak saw "additional downside" for Intel shares but declined to give a specific target."< Maybe Merrill or Kurlak got tipped off the FTC or DOJ is about to disperse some more negatives at Intel. Something currently unknown to the public may be about to come out shortly. But not to give a specific target doesn't sound as bad as late market trading indicated. CNBC's report Kurlak was give a $60 price target was wrong and caused panic. IMO Intel will not be the high flying tech leader until FTC or DOJ issue goes away. I think Kurlak or Merrill knows this and taking every advantage to manipulate any run up. Likewise Intel's buy back plans will curb any selloffs. So the tug of war up's and down's will stay with us for awhile. TTOSBT

To: Maverick who wrote (53457)	4/15/1998 7:21:00 PM
From: Thomas G. Busillo	Read Replies (1) \| Respond to of 186894

Maverick, Kurlak's Kurlak. But what I would like to know, is when exactly did this "60" business actually happen. Specifically, when did Kurlak enunciate it? Was it in his morning conf. call? Or did he enunciate his downside price estimate later in the day? Did he, Thomas P. Kurlak, in fact enunciate it? His office said Kurlak saw "additional downside" for Intel shares but declined to give a specific target I'm sort of missing the point of Merrill Lynch keeping this thing in the realm of speculation. Either the guy mentioned an estimated downside figure or he didn't. Is Merrill afraid this call will do as well as his options Friday "MU to 20" call? Hey, how about that - CNBC runs a story about Tom Kurlak allegedly giving a downside price target on a heavily traded stock with a lot of options open interest right before an options expiration. Good trading, Tom