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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.42-2.4%3:59 PM EST

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To: kvkkc1 who wrote (41805)10/30/2000 3:45:05 PM
From: GVTucker  Read Replies (1) of 77400
 
Because the media still gives them publicity and automatic credibility, which moves the market. If I happen to disagree, I get screwed and there's nothing I can do about it

Sure there is.

As we just agreed, the analysts are right no more than you or I. If you disagree with them and you are right, you can take advantage of the very short term affect of an analyst's opinion.

If the analyst is right, then they just hurry the stock in the eventual direction it was headed anyway.

If the analyst is wrong, you have the opportunity to buy/sell the stock at an even more attractive price.

How exactly do you get screwed?
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