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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (8076)4/30/1998 4:27:00 PM
From: Oeconomicus   of 18691
 
Bald one, it's because the analysts keep changing firms. When they get to the new firm, they "initiate coverage", but in reality no one has changed their mind or formed a new opinion. The ones the other day - was it Morgan Stanley? - were issued by an analyst that covered the same companies at Cowen & Co.

BTW, it looks like the market is getting concerned about what might be hiding behind the big note sale announcement at AMZN. Anybody know any offshore investors that might get a look at the deal?

Even the mighty YHOO gave back this morning's gains.

Bob
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