High Tolerance Plasticity Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (4184)	5/6/2001 10:21:36 AM
From: jim_p	Read Replies (2) of 23153

Gottfried, I share the same concerns you have, which is why the Raymond and Dain reports on the sector are both so important and also so puzzling to me. It's very rare for an investment banking analyst to recommend a sell in a hot sector near the top. Dain and Raymond make their money from the client, not you and I Joe investor. I suspect there have been lots of phone calls from various CEO' over the issuance of those two reports in the last week. As you know, in their business, a Strong Buy is a really a Buy, a Buy is really a Hold and a Hold is really a Sell. I clearly interpret both articles as a Sell on both the exploration and oil service sector at least for now until the dust settles. I suspect one reason might be that they intend to focus solely on the power generation sub-sector for now, and exclude oil and gas and oil service in up coming IPO's and secondaries? If not, I don't think you will see Dain's or Raucher's name on the cover of a prospectus any time soon. The Business Week article seems to focus mostly on power generation where there is a true shortage today. What's your take? Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next