Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (13739)	1/20/2002 4:36:45 PM
From: LLCF	Read Replies (1) of 74559

<<I guess you are feeling nausea because he is using the much-maligned analysts as a reference point to predict the future, which he sagely points out at the end is "clearly visible only in retrospect". >> This is actually an interesting point not lost on the boards or even WS analysts... his productivity assumptions presume that analysts, purchasing managers, and indeed investments in general are made in rational profitable ways. This has already proven false... yet one presumes that there is 'something' there... with no proof. DAK

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