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


To: Jay who wrote (53522)4/15/1998 10:31:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 186894
 
Jay, Re: >"If you look at what the stock has done during this great bull market, maybe it should carry a sign saying "Investing in this stock is injurious to your financial health" - that would keep easily panicked people away."<

True. In retrospect I really don't think it was panic that sold off Intel. I think it was more sinical than that. I think it was planned so certain big wig profiteers got a chance to sell millions of shares in a very short period of time in an up market and not make it look like it was planned for them to dump but look like they PANICKED cause of an influential analyst comment on an influential day of an influential week.

Way I'd even go so far as to say there were lots of call options that Merrill had written and saw BIG lose, called good'ol Tom to get us outta dis jam! Intel screwed us again they beat our estimates! Lets bring em down quick! Remember three (3) other brokerage houses saw and listen to the same reports and CC and said just the opposit.

THAT IS MY OPINION !!!

TTOSBT