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Technology Stocks : QUANTUM
QNTM 8.120-5.4%Dec 17 3:59 PM EST
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To: William T. Katz who wrote (6214)12/7/1997 2:57:00 PM
From: Rob S.  Read Replies (1) of 9124
 
I read yesterday that Wall Street brokerages and investment bankers are expected to dole out record bonuses this year to top analysts. Their salaries typically run over $1 mil per year and the bonuses for several of them will run $2-$4 million this Christmas/New Year. That's pretty nice. I know that analysts do often develop cozy relationships and gain knowledge of secretive information and early announcements. They don't pay analysts those "big bucks" for their ability to read a company's 10Qs and other releases and compile them into a spreadsheet. You can hire many 3rd year business/accounting colledge students who can plug numbers into boiler-plate spreadsheets. The big bucks are paid partly because analysts are able to gather behind the scenes information.
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