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Strategies & Market Trends : Wall Street Analysts

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To: Patsy Collins who started this subject	4/2/2002 11:11:49 AM
From: Patsy Collins	of 167

Brent Thill of CSFB downgraded PSFT after they disappointed in Q1 earnings. This young analyst is an example of what a bad Wall Street soothsayer is all about. Upon questioning on his sudden downgrade of PSFT on CNBC, he blamed that "the software industry is backend loaded,.... information to figure out results are never available,....it's hard to know what will happen...." So, what is it then that Wall Street analyst does? Sit on their fat ass and eat brie? We do not need these high priced analyst complain after the fact that their jobs are too hard. They sound like the Enron execs after the disaster.

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