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To: DavidG who wrote (32468)4/23/1998 10:34:00 PM
From: Thomas G. Busillo  Read Replies (1) | Respond to of 53903
 
David, please tell me the guy didn't see INTC trading @ 85 and just have to say something negative.

Fortune has a pretty cool free nightly dispatch. N. Schwartz made a pretty right-on statement in it tonight:

WHY BROKERS GET ON MY NERVES.... In the wake of Merrill
Lynch analyst Tom Kurlak's bearish words about Intel last
week, some Merrill brokers got into action, calling up
clients and urging them to lighten up on Intel. This kind of
thing really bugs me. Most long-term investors shouldn't
worry about the ups and downs of an analyst like Kurlak
because their eye should be on the long-haul. I hope people
didn't listen to Kurlak or the antsy brokers--Intel was
around $75 when he made his comments. It closed at $83 1/4
on Thursday. By the way, this isn't to suggest I don't
respect Kurlak. I do--but brokers shouldn't use every big
analyst call as an excuse to drum up business.


fortune.com

I do respect Kurlak. My god, I'm proposing to make him the first Wall Street securities analyst to have his own line of action figures and accessories!

And if I ever finish my proposal to Ben and Jerry's for "Squawk Box Crunch" Low-Fat Yogurt - a delicious blend of coffee flavored yogurt, licorice jelly beans, and used razor blades (to evoke that great TK "gotcha!" effect) - who knows? You might even see Kurlak in your grocer's freezer! <g>

Good trading,

Tom