Another baggie pumps INTC
Bear Stearns research analyst Gurinder Kalra pumps INTEL like crazy. Doing our regular crook check at nasdaq.com, not surprisingly, we found Bear Stearns foolishly increased its INTC holdings by 271.56% in the December 31, 2005 reporting period, da baggie probably bought more later, before INTC's crash on Jan 18, 2006.
When the numbers are out, I am sure some retards will get fired for making their bosses into long term under water INTC stock holders - or baggies.
posted by Sharikou, Ph. D. @ 4/07/2006 12:34:00 PM
6 Comments:
I too saw that ...as I read the article ..it seemed like kalra was on hibernation since last Dec and only woke up today morning and started writing that 'analyst' report.
Forbes willfully failed to include the following information:
"Advanced Micro Devices, Inc.(AMD): Bear Stearns is affiliated with the
specialist that makes a market in the common stock of this issuer, and such
specialist may have a position (long or short) and may be on the opposite side
of public orders in such common stock.
Advanced Micro Devices, Inc.(AMD), Intel Corporation(INTC): The subject company
is or during the past twelve (12) months has been a non-investment banking
client (securities related services) of Bear Stearns & Co. Inc.
Advanced Micro Devices, Inc.(AMD), Intel Corporation(INTC): Within the past
twelve (12) months, Bear, Stearns & Co. Inc. or one of its affiliates has
received non-investment banking compensation from this company.
Intel Corporation(INTC): Bear, Stearns & Co. Inc. is a market maker in this
company's equity securities.
"
Look out for a follow up report from our Kate, she may do a little exposey on these price war / AMD pressure claim
and how our analysists opion is clouded by his preduce.!
(speaking about tech issues only)
i think ignorance and a lack of specialist knowledge is a general problem with wall street.
most analysts seem to be finance trained but know jack about tech. because of this you have several retards pumping intel because:
(1) they hold massive positions in intel
(2) they dont know jack about 64 bit
there was an amd downgrade recently on news that intel was going to a price war. someone who knows tech knows that intel is trying to sell its junk at half price but for the analysts, its intel trying to undercut amd. they have either ignored or not noticed that intel is trying to sell junk.
The interesting is while the analysts are all calling for a price war, they didn't care to calculate the cost or the effects to Intel's EPS. As I estimated, since AMD sits mostly at the top range of the prices, Intel can only kick below AMD's feet. For Intel to lower its ASP to below AMD, Intel has to endure a $2 billion operating loss.
Enjoy reading these uncovered stories very much! How about prepending a title to these articles such as "Exposure", "The Dark Side", "The Underworld", "Crook Check", ....?
For example, the title for this article can be one of these:
The Dark Side -- Another baggie pumps INTC
Crook Check -- Another baggie pumps INTC
Exposure -- Another baggie pumps INTC
The Underworld -- Another baggie pumps INTC
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