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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%4:00 PM EST

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To: Gottfried who wrote (5947)10/8/2002 11:21:54 PM
From: Return to Sender  Read Replies (2) of 95525
 
>Note how in the beginning from $50+ to $25 there was one lone downgrade. 07/26/2000 William Blair Downgraded to Buy from Strong Buy. Maybe I should remove the 'coverage initiated' from this chart. That would give the downgrades the upper hand.<

That is exactly what I was getting at G. Why only one downgrade when the stock was up too high to stay there? Analysts need to make their coverage meaningful and easy to follow when they change tact. When an analyst initiates coverage there is no real track record on that stock to truly determine what their recommendation actually is so it would be better to label the recommendation as strong buy, buy, hold, sell, whatever... I know you get the idea and it's a lot of work so I'm not volunteering to do it myself. But, I do thank you for all your hard work.

RtS
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