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


To: gnuman who wrote (58163)6/17/1998 11:14:00 AM
From: Diamond Jim  Read Replies (1) | Respond to of 186894
 
RE: "Morgan cuts Intel EPS"
++++++++++++++++++++
For '98 from 3.25 to 3. The timing on this seems like it has a purpose to try to hold the stock down. Why isn't there some requirement to say what this is based on ? Without some clarification this seems like price manipulation.

I don't see why something isn't done about these tactics, HP is a perfect example, from 60 to 80 on upgrades and obviously nobody talked to HP because they announced an earnings shortfall in the same time frame. I say let the DOJ take a close look at the brokerage houses and their tactics.

jim