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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (57488)	5/6/1999 7:50:00 PM
From: DRBES	Read Replies (1) \| Respond to of 1583681

re: "Intel's strategy," The word strategy is an overstatement. The word flailing comes to mind. Regards, DARBES

To: Scumbria who wrote (57488)	5/6/1999 8:18:00 PM
From: RDM	Read Replies (1) \| Respond to of 1583681

Scumbria: Some news about Datek Datek Says Goldman Reneged On Pact for a Piece of Its IPO By JASON ANDERS THE WALL STREET JOURNAL INTERACTIVE EDITION Five hundred of Datek Online's brokerage customers got a jolt after markets closed Wednesday: The 100-share blocks of the exclusive Goldman Sachs Group initial public offering they thought they owned didn't actually exist. Datek says it was told last week by Goldman, which led its own stock offering, that the online brokerage firm would receive an allotment of 57,500 shares of the IPO, and it began offering pieces of the deal to its most favored clients. But late Wednesday, after the shares had already been placed in clients' accounts -- and in some cases, traded -- Datek says it learned it wasn't receiving any shares of the IPO after all. "This was one of our least proud moments," says Rob Bethge, Datek's chief marketing officer. "To say our customers were disappointed is an understatement."