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Strategies & Market Trends : Wall Street Analysts

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To: Patsy Collins who wrote (67)1/8/2002 10:42:58 AM
From: Wizard  Read Replies (1) of 167
 
Niles is getting paid 8-figures for all those great picks... he missed the top badly and took whoever listens to him over the cliff on MU, DELL and INTC. he missed the bottom as well and had whoever listens to him short most of the SOX names... he got the middle part right as he appeared right for a while there by staying so bearish. too bad there ain't much money in the 'middle part'... given his tenure at Lehman Brothers, I am guessing he has already banked about $15mm into his pockets and he is underperforming a 'buy and hold the SOX' strategy... nice business isn't it?
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