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


To: Tony Viola who wrote (62975)8/21/1998 11:55:00 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
<<Where is the one Paul referred to from January 1996:

Then in about early 1996, after Intel had dropped from $78 (July,
1995) to $50+ he issued a sell.>>

Paul is in error. Kurlak issued his short term neutral in Nov 95, not Jan 96, at a split adjusted price of 34.4375. He changed his recommendation in May '96, going to a short term buy with Intel at 36.9375.

<< He reminds me of Soundview's Whittington of bygone times, who also made
all his calls from back there (Stamford CT), and knew nothing about this
business. Where is he today?>>

That statement actually supports my point. Whittington is out of a job because he wasn't that good. He moved markets for a short period of time, but ceased to become relevant when the Street realized his calls weren't any good. Kurlak has been the axe on Intel for well over a decade. He is the axe because his calls are accurate. When and if he is no longer accurate, the Street will dump him as fast as they did Whittington. For the past decade plus, that has yet to happen.