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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST

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To: Paul Engel who wrote (84998)7/6/1999 6:14:00 PM
From: Mary Cluney  Read Replies (3) of 186894
 
Paul, >>>Let him say what he wants.<<<

I strongly disagree with you and GVTucker who basically say that anlayst have no impact on share prices.

I agree that there is some correlation between share prices and the performance of the company - but whether a company sells for 20X's earnings or 50X's earnings has more to do with sentiment - and that is largely based on the collective propaganda of all the "analysts" who cover the company on a full time basis or writers who write stories for Barron's, Wall Street Journal, whatever, on a one time basis.

When a Dan Niles predicts earnings and revenues is one thing, but to recommend buy and sell advice is entirely a different matter. he should just lay out the facts as he "sees" it and leave the judgement to others.

Mary

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