Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 39.02

+1.0%

Nov 12 3:59 PM EST

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To: scott_jiminez who wrote (3945)	7/23/2000 9:55:43 PM
From: Fred McCutcheon	of 5482

The Economist in this week's issue has a report of a study on the effects of analysts on stock prices done at NYU. The opening and closing sentences are below plus a url for the whole article. You must be a subscriber to access it. -------------------------------------------------- DEATH threats were received by Jonathan Joseph, an analyst at Salomon Smith Barney who dared to downgrade shares in semiconductor companies earlier this month. ...................... .................... ..................According to the study, the greater a company’s R&D spending, the more useful analysts were in valuing it. But overall, the study is hardly a ringing endorsement of Wall Street’s finest. Share analysts: underperforming; sell. -------------------------------------------- economist.com Perhaps this is the final word on JoJo, he is irrelevant!! Fred McCutcheon

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