Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 207.67

+2.2%

3:59 PM EST

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To: TGPTNDR who wrote (103095)	10/17/2003 9:55:42 AM
From: Joe NYC	Read Replies (2) of 275872

tgp, Deutsche Bank Securities raised its rating on the stock[AMD] to "hold" from "sell" on Friday. How do you go from sell to hold? If you sold, there is nothing to hold. The logical progression is: buy hold sell buy hold etc. The only way it makes sense if the analyst's assumption is his irrelevance, that people did not listen to his "sell" advice. But if analyst's presumption is irrelevance of his recommendation, why make recommendations at all? Joe

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