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Non-Tech : Analysts Hitting and Missing Their Price Targets

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To: Jack Hartmann who started this subject7/25/2000 9:18:21 AM
From: Jack Hartmann   of 56
 
DLJ on FMKT
To: Knight who wrote (3122)
From: If only I'd held Tuesday, Jul 25, 2000 8:40 AM ET
Reply # of 3125

DLJ....what a bunch of freakin' idiots. They revised their target on FMKT from 550, to 125. Says they are "getting real". Bottom line is....they were a bunch of liars before...right? So do we beleive them now....or is their credibility in the toilet? I vote for the toilet. Flush them like a turd.
I made a comment about their credibilty back in the spring with regards to these stupid targets they put on these stocks, saying that their credibility is screwed no matter how you slice it. DLJ, Robbie STephens, Goldman Sachs, Lehman...etc....all liars. No credibilty. Idiots on the payroll.

That's my opinion.
********************
I don't know who the analyst was, but the firm was responsible.
Jack
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