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Technology Stocks : Intel Corporation (INTC)
INTC 37.83-0.2%10:12 AM EST

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To: fred woodall who wrote (119749)11/30/2000 2:07:07 PM
From: diana g  Read Replies (2) of 186894
 
Isn't it awfully credulous for anyone to believe that someone who could predict market movement with a reasonable degree of accuracy would work as an analyst?

If one goes to the horse track there are men drifting around the crowd who will tell you which horse will win if you'll cut them in on your assured future winnings. Most people can put two + two together and realize that if these guys could call the winners they wouldn't need to be doing this.
--- Why are stock analysts different?
--- Is it the $2k suit? It's sure not the success record.

The truly interesting thing here, imho, is people's willingness to be repeatedly drawn into this confidence game.
A self-assured manner and a snappy patter will empty the suckers' pockets again and again.
Twas always thus.

---d
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