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Intel Corporation Message Board

  • infoanalysis infoanalysis Jun 1, 2004 10:35 AM Flag

    in the wake of ML report

    I figured that intc would drop after the earnings reduction report from merril, so i sold off and then tommorrow when people forgot I would buy back in anticipation of good news on the june 3 meeting.

    but no one but me took the merril bait.

    i guess merril has little credibility these days

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    • u should always do the opposite of whatever the analysts say...sell when they say buy and buy (or hold what u have) when they say sell...

    • ML has to take care of reputation. This is intc not small manipulatable company. two firm said intc may reduce mid point Thursday. However no otherr said same thing. Intc has been boost recently. I guess want better news, rather than this disappoint upgrade. Now, we don't know who to believe. My idea, wait and see don't take any action. If you have long position, reduce half. Don't short.

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