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Politics : Formerly About Advanced Micro Devices

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To: Duncan Baird who wrote ()8/12/1999 9:20:00 PM
From: DRBES  Read Replies (2) of 1574439
 
re: "'We expect AMD revenue from its processors to continue to decline during the third quarter as units and prices continue to erode,' writes Gruntal & Co. analyst Mona Eraiba, who has a hold rating on the stock, in a typically dour July research report."

Goooolllly! What she says does not distill to a hold. It sure sounds like a sell recommendation to me!

If this nitwit cited in a recent BusinessWeek article on AMD really believes what she says why does she not rate the stock a sell? I take this as further demonstration that the typical analyst is an overpaid gutless wonder who is constantly in fear of losing their overpaid job if they go against the herd; or, they are complete and utter morons.

Regards,

DARBES
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