SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUANTUM
QNTM 8.720-7.0%Dec 24 12:58 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rational who wrote (5214)11/19/1997 10:37:00 AM
From: Webb B Blackman Jr  Read Replies (2) of 9124
 
These analysts sound like clowns to me.

Sankar,
But the problem is that alot of people listen to them. I have to believe that their recommendations are made to benefit their company. If a client wants to purchase a large block of stock, then a recommendation to "sell" might drop the price and let them fill the order at a lower price.

I saw on CNBC this morning a comment about how the securities industry regulates itself. At times, I feel that they are doing a very poor job. Now if H&Q were to say that for the week prior and following their announcement, that no shares of QNTM were purchased by any of their clients, then the rating might be reasonable. But you know that this is not going to happen.

The only thing that most analysts' have going for them is the ability to write well. Telling the truth is another matter.

--- webb ---
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News