Webb
The information given here is certainly good, but the analysts from big firms know the executives of these companies personally. They speak with top management all the time, and they have BILLIONS of investor dollars behind them. Many of these analysts have had continued BUY reccomendations on these drive companies since last summer. There are many people who listened to analysts from MONT, HMQT, RSCO, LEHB, BEST,... who still have QNTM in their accounts at average costs of less than $10. You may not agree with Todd Bakar's downgrade, but there are many investors with big $ who do.
I don't mean to be negative on QNTM, quite the contrary, but just be careful about heeding the top analysts, their paid to be right.
Regards
BuySide |
