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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: westpacific who wrote (97254)4/15/2000 3:23:00 PM
From: Jack Hartmann  Read Replies (1) of 108040
 
The houses have long since lost all credibility!
West, I agree on that. Been seeing some initial reporting of targets and people buying based on them on breifing.com. The SEC beat Tmex up on P&D, I would like if some brokerages houses dumped after releasing a high target. Maybe another class action like the one I'm in for brokers marking up trades in the early 1990's in the Nasdaq.
After the $1000 target given to QCOM, I have tracked some of these analysts to find that they have less than five years in the business and don't know the sector well. With some of the analysts making 10M a year, those that can have picked the winners two years ago are well compensated now (Blogett, Meeker), the rest fade away.
Too bad, there is not an analyst tracking record on the web.
Jack
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