Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Fred Fahmy who wrote (68288)	11/10/1998 10:51:00 PM
From: Tony Viola	Respond to of 186894

>>>I can just hear Fleckenshmuck now......"Intel is just refilling depleted inventories.....once the Christmas season is over inventories will be bloated....this growth is unsustainable....these are peak earnings....Intel still isn't growing vs. last year...Intel's price is high by historical standards...trust me, I have been short Intel since the 20's....Kurlak is the only other person who understands what's really going on.....anyone goe a hairbrush....strike that, anyone got $10...I need a haircut"<<< Fred, that's rich. My short version is that he makes my flesh crawl. Tony

To: Fred Fahmy who wrote (68288)	11/11/1998 12:29:00 AM
From: Ian Davidson	Respond to of 186894

Fred re: Fleckenshmuck, Thanks for the laugh. I don't know whether you saw the latest Barron's, but there was an interview with 3 tech fund managers....McNamee, Wicke and some guy called Landis. All three of them were Intel-bashing to the max.....slowing pc market, declining revenues, yadda yadda.....and this was just last weekend! I sure hope all three of them feel like the fools they are. Ian

To: Fred Fahmy who wrote (68288)	11/11/1998 10:37:00 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Fred,>>>I can just hear Fleckenshmuck now......"<<< The problem with Feckenstein, Barron's(Abelson), Jim Grant, et al - is that these guys are more often right than wrong. But, don't get me wrong - I don't think that is such a great thing. Feckenstein, in particular, is an attractive guy with good manners and a polished presentation. He articulates his case very well. The problem with him, and the others mentioned above, is that he is perpetually negative. If you have been in a large Corporate setting, you would recognized the Fleckensteins right away. They are always there at the meetings. They have somehow ingratiated themselves to someone in top management and is always given a place at meetings. They are everywhere in large organizations - government, education or private. These are never the guys that propose doing anything. They are there to shoot things down - regardless of their merit. Whenever someone comes up with a suggestion or a proposal to do something - the Fleckensteins are always there to give you a litany of reasons why they can't and shouldn't be done. They would look at you with those sincere and reality piercing eyes. The problem is they are more often right then wrong. The bigger problem, however, is that nothing will ever get done with these guys around. They will discourage everyone and everything. That is one of the reason why nothing really creative ever comes out of a large organization. If Fleckenstein was around Bill Gates or Steve Jobs when they started out, he would have been the first to give them the sincere and stern looking glaze and admonish them to stop fooling themselves - how could they ever think about competing against the established order - IBM, Harvard physicist Ahn Wang, Motorola et al. Get real. Get back to college and stop fooling around. If they were around Mark McGuire, Sammy Sosa, Michael Jordon, YoYo Mah, when they were young, I doubt those guys would have done what they did. If it were entirely up to the Fleckensteins, Barrons, et al - we would not have Microsoft to kick around, or have to fight our PC's each day, in fact the earth would still be flat - as far as what they would still be teaching in Universities - just as they did at Oxford University when it was founded. Mary