SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (58112)6/16/1998 6:34:00 PM
From: Barry Grossman  Read Replies (1) | Respond to of 186894
 
Paul,

No confusion here. Any action out of the Executive or Legislative Branch is political.

I guess I still have some faith in the Judicial Branch's ability to discern some common sense. I don't know why, but I maintain the hope that some courts will get it.

Barry



To: Paul Engel who wrote (58112)6/16/1998 8:06:00 PM
From: Maverick  Read Replies (1) | Respond to of 186894
 
Lehman lowered INTC price target to $75, 98Q2: 0.66, Q3: 0.65
lehman.com



To: Paul Engel who wrote (58112)6/16/1998 9:51:00 PM
From: Dale J.  Read Replies (1) | Respond to of 186894
 
Paul,

These actions should be seen for what they really are - political actions. The FTC and DOJ are being manipulated by political considerations, driven by Sun and Netscape (against Microsoft) and AMD and others against Intel.

You're right. Just look at who they enlisted. Senator Hatch, Bob Dole, Judge Bork etc. Not exactly a trio of technical experts. But they are politically connected. The FTC lawyers and consultants have their own interest in mind.

Barry has a good point though. Hopefully the courts can discern the legal facts. Many legal experts have said the FTC's case is weak from a legal standpoint, and Greenspan has now testified that the FTC's case is weak from an economic standpoint. Maybe the politicians will do what they do best (switch sides). Dale