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

To: T. MARINO who wrote (54345)	4/23/1998 6:21:00 PM
From: Mary Cluney	Respond to of 186894

Marino,>>>What is Intel supposed to come out and say? An analyst can say anything he wants. Kurlak has made a prediction that Intel will see 60? <<< Kurlak has a right to free speech. He has a right to issue analysis, make stock selections, and forecast earnings and stock price. no one can and should deny him this right. But, if he starts a PR campaign to talk up or down and generally try to influence stock prices - I believe that is where you draw the line. What can Intel do about it? Intel should know the business better than anyone. They should be able to give guidance to analyst willing to accept guidance. They should be able to legally target analsyts to make certain they are paying attention. These favored analysts get to preview new technology or new bits of market research - that is available to all - but favored analysts happen to be there at opportune moments. Craig Barrett plays golf with the chairman of Merill Lynch and mutters on the fifth hole that he thinks Kurlak is an s-hole and on the ninth hole munches on some business carrotts. There are a lot of little things that can be done within a legal framework. - but you have to work at it. Mary

To: T. MARINO who wrote (54345)	4/23/1998 6:25:00 PM
From: Nick	Read Replies (1) \| Respond to of 186894

T. Marino, I agree with you that Intel needs to worry about it's business and grow earnings, but Kurlak shouldn't be allowed to manipulate the price just because he wants to. Nobody has to believe him, but unfortunately the street takes the opportunity to move the price down to the detriment of the individual investor. If Kurlak is "off-target" the street will ignore him sooner or later. But what about at the present time? Only management can come out and calm the market.