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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE

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To: larry larsen who wrote (652)2/4/2001 10:05:51 AM
From: Catfish  Read Replies (1) of 670
 
larry,
Don't you know that analyst's actions are very often after the fact. I mean what kind of analyst is it that puts out a sell recommendation on E-Toys (ETYS) after it drops from $20 to .25, or a buy recommendation on Qualcomm (QCOM) at $400 in March of 2000 when the market is starting to tank?

No, I take all analyst's opinions with a 'grain of salt'. Too often they simply react to the prevailing situation, and promote their own agenda when possible. Btw, I know of someone who is still holding E-Toys in hopes that it will recover.

Please, do not interpret inaction by an analyst in promoting PRCY as a negative. Once they are relisted on NASDAQ, they will get their share of recognition.
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