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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%Jan 14 3:59 PM EST

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To: michael97123 who wrote (47448)5/30/2001 8:56:56 PM
From: Katherine Derbyshire  Read Replies (1) of 70976
 
>>He claimed analysts too scared to do their real job which is to figure new technology into the equation and define winners and losers. <<

No one ever got fired for following the pack, and very few of these guys have ever seen a bear market before. I'll bet they're scared witless.

I'm told that analysts at some of the smaller houses do very little original research. Their "analysis" consists of reading the reports from large firm (meaning more underwriting business) analysts and figuring out what the consensus opinion is.

Katherine
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