SI
SI
discoversearch

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.
Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (241)5/26/2001 12:38:06 PM
From: Jenna  Read Replies (1) of 1227
 
...Securities Research analysts have come under the FIERCEST CRITICISM. The Charge: that their perpetually rosy stock recommendations and deliberately misguided BUY ratings not merely allowed BUT ENCOURAGED their clients to stay too long at the fair.... they helped perpetuate a mania that fueled its own demise.

marketgems.com

This is what we have said last September and at this time I do think with the earnings warnings season coming up we take a deep and penetrating look at the tech stocks that we enjoyed these last 1-2 months and consider maybe our short term investments (1-2 months) should be directed to the companies that actually HAVE THE EARNINGS and NOT JUST the ANALYSTS "stamp of approval". We will definitely be ANALYZING and WEIGHING the companies in the next 6 to 7 weeks ON THIS THREAD that have the best chance for cumulative gains based on REAL earnings sequential growth, and be ready that most of them MIGHT NOT BE IN THE TECH SECTOR at all. In fact we will need to polish and prep our shorting hats to get ready for some companies that will fail in quarter two and not deliver hopes for recovery.

...its time for Wall Street to take a fresh look at the role of investment research, and to replace a dysfunctional system with one that renders the best possible investment advice UNTAINTED BY COMPETING CONCERNS, such as analysts' commitments to help their firms WIN LUCRATIVE BANKING ASSIGNMENTS.

*excerpted courtesy of Barron's. The Whole Truth: It's Time to Repair Wall Street's Dubious Research Machine...... by Michael Santoli
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext