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


To: Fred Fahmy who wrote (73568)2/12/1999 11:02:00 PM
From: Tony Viola  Respond to of 186894
 
Fred, Kurlak, you nailed it. From end to end, your post got the gist of it, exactly.

Tony



To: Fred Fahmy who wrote (73568)2/13/1999 12:40:00 AM
From: Jules B. Garfunkel  Respond to of 186894
 
Very Well said Fred,
Thanks, Jules



To: Fred Fahmy who wrote (73568)2/13/1999 2:12:00 PM
From: Jeff Fox  Respond to of 186894
 
Fred - Nice post. Thanks,

Jeff



To: Fred Fahmy who wrote (73568)2/13/1999 5:40:00 PM
From: Paul Engel  Read Replies (2) | Respond to of 186894
 
Fred - Re: Kurlak & " He downgraded Intel when it was in the 80's then finally upgraded Intel AFTER it had run up from 70 to over 110. "

You left out the "final straw" that Kurlak used to "kill" himself.

In November/December, with Intel soaring, Kurlak UPGRADED AMD, so the Merill Lynch customers could "get in " on AMD at $29 - $32.

And what did Tommy do for the Merrill customers? He saw AMD announce a $0.04 earnings SHORTFALL in mid- January ! AMD's stock PLUMMETED to $21.

Undaunted, Kurlak regurgitated AMD's conference call gobbledy-gook, making it sound like Kurlak had a private one-on-one with Cherry Sanders, and in late January, he got MORE MERRILL LYNCH customers into AMD at $24 to $25 when he reiterated his STRONG BUY on AMD.

Only a week later, AMD issued their LOSS AHEAD forecast, plummeting their stock to $16 - $17, making Kurlak look like just what he is - a clueless suit stuck in Manhattan, with NO CLUE WHAT IS GOING ON in Silicon Valley and with a HOST of Merrill CLients as AMD LOSERS and another HOST OF Merrill Clients that missed a 60 dollar ride UP in Intel.

Kurlak was told to get out of Merrill.

Pure and simple.

He turned out to be WORSE than my lucky nickel.

Bye, Bye Tommy - hope you get a Tiger By The tail !

Paul



To: Fred Fahmy who wrote (73568)2/16/1999 7:16:00 AM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
Fred, RE:<<Is this naive speculation on your part or do you know something that no one else knows?? I'm sure Intel trading at more than twice the low that Kurlak called for just six or so months ago had nothing to do with his departure, right <g>? >>

No, this wasn't naive speculation. Yes, that is correct, Intel's performance has nothing to do with his departure. Fred, if an analyst was fired for missing the boat on a stock, there would be no analysts.