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To: Thomas G. Busillo who wrote (53759)4/17/1998 9:13:00 AM
From: Just_Observing  Respond to of 186894
 
Tom,

I agree that TK mentioning a 20% possible correction in the stock price may have given the number of $60. In January when TXN announced earnings, TK said that he could see a 20% correction in the stock. Good Explanation.

Wishing you the best of luck

San



To: Thomas G. Busillo who wrote (53759)4/17/1998 1:08:00 PM
From: Mary Cluney  Read Replies (1) | Respond to of 186894
 
Tom, Thanks for posting these terrific insights into the Tom Kurlak/CNBC "he said/he didn't say" controversy:

Message 4091724

>>>Merrill Lynch and Tom Kurlak should come out and quash the story if it is false, as opposed to denying it in an internal call to the salesforce. <<<

Call me suspicious, paranoid , or whatever - but I think Tom Kurlak could not have wanted the outcome to come out any better. He reversed the upward momentum and drove the price of the stock down - something that he wanted to do all along - and he did this without having to come outright and having to say something to drive the price down.

He now has another opportunity to bring the stock down with some comments the next time it makes a move up to the 80's. He is not only making a prediction - he is proactively trying to make his predicitions come true. Where does this sit wrt ethical limits?

Thank you so much for sharing your insights with us.

Sincerely,

Mary Cluney