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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 67.96-3.0%Feb 5 3:59 PM EST

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To: michael who wrote (1500)11/13/1997 10:39:00 AM
From: Ed Klar  Read Replies (1) of 5650
 
Someone should contact the clown from Jupiter Communications who strongly recommended this stock at around $24 a year or two ago on CNBC's Squawkbox. I think his name was something like Schumacker or something.

One thing I've learned is don't trust the analysts ... more often than not they are dead wrong. They are a bunch of 20 of 30 something pencil pushers who sound good, look good but have no ability to truly evaluate, ask the poignant questions. (On the other hand I wouldn't be overly influenced by the 50 somethings who think nothing ever changes and history always and must repeat itself - they take 50-60 years of stock market history and make the absolute statement that a recession is definitely on the way. They are the same jokers who could never imagine the collapse of the Soviet Union, a pc in 40% of american households and on and on.

(isn't it about time they got new folks at the squawkbox ... what a bunch of lazy bums ... the only one who does any work is Maria ... Mark Haines is a blimp - who cares about his kids ... and does David Faber work at all? ... Jack Welch is getting ripped off)

Don't get me going.
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