InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 86.10

+5.4%

Nov 10 3:59 PM EST

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To: V. who wrote (12376)	9/25/1999 7:10:00 AM
From: Jeff Dryer	Read Replies (2) of 28311

V. I finished reading your analysis. Great commentary! Sounds like you just came down from the mountain top! :) What you say about analysts at these prominent brokerage houses is very true, "They need to be held responsible for what they say and back-up their assertions with the numbers." It seems like there is absolutely no accountability with Wall Street analysts from the prominent firms. There is for us... there's a record here of everything we've ever said... But listen to the Wall Street analysts from the prominent, ethical (I'm joking) and respected firms and what do you get... lots of sound bytes with target prices floating around but no detailed analysis that's easy to get to. The sound byte stuff from analysts is political in nature and the media loves to aid and abet the analysts manipulative schemes... the sound bytes are a form of advertising... conveniently seducing many investors into believing in a false reality. The job of a prominent analyst is to trick people into believing in their dreamed up fantasy worlds... kind of like communists tinkering with the economy... so like you say V., they are playing games... "It's just part of the game. Their game - which is to instill emotional reactions of panic/fear or elation in shareholders of companies about which they know very little much of the time" ... and following the money trail always leads to an explanation of why who is saying what (either talking a stock up or down). Impression based advertising is what's going on and the advertisers (brokerage firms) are being paid off big time to do the dirty work they do. And some of these prominent analysts feel so guilty about the crap they sh*t, that many of them quit. How many times do we here analysts like Meeker and Blodget hype their latest picks all over the Media but almost no substance to back up the one liners... ... and sometimes later after a lot of research I find their analysis and it can be pretty insane stuff to read. We've analyzed some of Meeker's and Blodget's analysis here in the SI forums and can find glaring analytical holes and totally ridiculous assumptions almost everytime. Much of the investing public is listening to clowns... and what percentage of the public is aware?

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