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Politics : Formerly About Applied Materials
AMAT 220.28+0.4%Nov 20 3:59 PM EST
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To: Ian@SI who wrote (48968)7/10/2001 12:34:47 AM
From: Jerome  Read Replies (1) of 70976
 
>>Why expect any accuracy from their prediction for a recovery 12 - 18 months from now. <<

In short that statement is the crux of the entire problem. I would personally feel better if they said the recovery was two years away, because I would know that they again were wrong on the long time table.

Analysts and us investors have entirely different agendas. We expect to make money for ourselves, and they expect to make money for their employers by duping us.

Regards, Jerome
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