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Politics : Formerly About Advanced Micro Devices

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To: DRBES who wrote (68670)8/12/1999 11:51:00 PM
From: tejek  Read Replies (1) of 1574383
 
DRBES

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

Actually a 'hold' in analyst jargon is considered a sell signal. Because so many of the analysts' companies like Merrill Lynch provide underwriting and other services to firms and they do not want to alienate their clients by coming out with a sell recommendation. Very rarely will you hear an analyst actually come out and say "sell".

BTW Dell and the other pc makers got nailed today. The analyst who took over for Tom Kurlak said asp's will be down in the last half.

ted
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