SYQUEST Message Board - Msg: 2510302

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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (4511)	10/21/1997 9:09:00 PM
From: Raven McCloud	of 7685

I was cleaning up some old files and came upon this post. Thought some of you might find these comments interesting and possibly applicable to SYQT. "Facts don't move the stocks (in the short term), emotions, hype, anticipation, analysts, feelings, etc. do. Look at all the companies selling for P/E's well over the hundred mark, with no earnings, negative cash flow and no product. Surprise higher earnings in general do raise the price of a stock...more specifically if they beat the general concensus...Wall Street somehow has this fascination with analysts' earnings forecast...the analyst are made to be infallible...statistically the forecasts are more often wrong than right...thisreally continues to perplexed me...I have seen stocks drop dramatically as I am sure most of you FOOLS have...even when earnings are apenny short of the forcast." I believe the poster was artsLogic!?

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