Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Gary D who wrote (1533)	9/13/1997 6:32:00 PM
From: sea_biscuit	of 42834

Another reason is that analysts would not like to destroy the channels of communication with the company. After all, the company management would almost definitely hold shares in the company! In fact, it was reported in WSJ that the erstwhile Boston Chicken (now Boston Market) barred an analyst from its meetings because he had issued a "sell" recommendation on its stock! Plus there is always the possibility of future business with the company in question. Also, the number of people to whom the "sell" recommendation can be given is limited to the existing shareholders. In contrast, a "buy" recommendation can potentially be addressed to the whole world and is therefore, far more frequent. Therefore, "hold" means "sell"! :-) Dipy.

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