Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 100.85

+2.4%

3:59 PM EST

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To: Don Green who wrote (36544)	1/14/2000 10:30:00 PM
From: Victor Lazlo	Read Replies (1) of 93625

David Dreman did a study indicating that most analysts are drastically wrong most of the time. By far the worst time of year to depend on the analysts is in January, Don, because at the beginning of the year they are full of bull and hype. As the year goes on, the analysts repeatedly lower their $$ estimates and have to keep eating crow. They are just a bit less full of bull and hype as the year goes on; but they still lie. Their employers pay them to lie to get the underwriting revenue from the very co's they are "analyzing", and everyone knows this Don; don't you? I actually hope the analysts stay away from RMBS! Victor

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