MB, Whittington is back.
thestreet.com
Demand for Chip Analysts Leads Banc of America to Whittington
By Marcy Burstiner
Staff Reporter
6/9/99 11:00 AM ET
SAN FRANCISCO -- Three months after losing its top chip analyst to Salomon Smith Barney in an increasingly tight market for chip analysts, Banc of America Securities has hired Rick Whittington, a former SoundView analyst known for his maverick calls, according to sources close to the situation.
Some analysts wonder how well Whittington, whom SmartMoney magazine called "the man who moves markets" in 1995, would fit into the sedate culture that Banc of America has been cultivating in recent months. Before leaving SoundView to start his own hedge fund in 1996, Whittington was known for making gutsy calls on chip stocks that would frequently send them shooting up or down...
I wasn't around to see him in action, but would this be the "gutsy" "maverick" who had MU earning $17 right on the cusp of a prolonged DRAM armagedon?
Rather than answering the philosophical question "do we users of the English language devalue the term 'maverick' by using it as description of style as opposed to a description of being?" let me sum up my sentiments in three words:
Orsen Welles - Maverick.
Good trading,
Tom
P.S. If William Safire is reading this, please feel free to respond with a brief etymological essay on the term "maverick".
P.P.S. Wouldn't it suck if Safire actually did write, only his response started something like: "the first appearance of the term 'maverick' occurs in the much beloved autobiography of master Dutch lute virtuoso, Hans Grechanang, where it is used as a term for devotees of the Duke of Maver, who, while ruling a small province of Holland, earned a vast and devoted following as a result of a series of pamphlets containing outlandish prognostications on the Dutch tulip bulb market..." <g> |
