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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 235.24+4.5%3:59 PM EST

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To: Kirk © who wrote (2477)8/16/2002 3:52:54 PM
From: Pink Minion  Read Replies (1) of 25522
 
>> Remember his job was to bring investment banking deals.

Why don't people complain that these research houses are also a tool for the trading house. Tell me the trading floor don't know about upgrades/downgrades the day before. I'd like see a comparison of their trading profits (not commissions) to the banking business.

This is why A&P says the NASD are the biggest crooks on the planet. It's the fox in charge of the hen house. This is the problem with the whole market. Forget accounting scandals, CEO crooks, - It's the NASD . Remember these guys got formed from trading penny stocks over computer terminals in the early 70's. The NASDAQ used to be the bulletin board, crook invested market of today. They got they're training as a baby and now the crook is all grown up.

Rant Off.
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