Analyst Bashing (intc orcl mu amat csco) Message Board

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Technology Stocks : Analyst Bashing (intc orcl mu amat csco)

ORCL 262.61

+2.2%

Oct 31 9:30 AM EDT

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To: Sonki who wrote (1)	12/22/1997 8:21:00 PM
From: uu	Read Replies (2) of 62

con-artists (i.e. analysts) recommendations: Strong Buy: Our big shot clients who want to get out of this stock badly now, and we mean NOW! Buy: Our big shot clients want to get out of this stock but they are not in a rush. Hold/Marketperformer: Our big shot clients are anxious to get their hands on the stock badly. Sell: Our big shot clients want to get their hands on this stock now, and we mean NOW!! ********************************************************************** A classic case of how these con-artists operate: Late September/early October 1997 when SUNW was trading at around $46/shr: Prudential calls SUNW The best signle investment idea of 1997, if not the century!. The stock goes to $52/shr in a manner of 3 weeks and comes back down to the $43/shr range. Sun reports its earnings, and it is 2 cents below the estimates. The stock is hit badly and goes all the way to the $33 range. Prudential calls SUNW a hold/market performer and dead money for the next 6 months! The Stock then goes to $31 range. A week later SUNW starts to climb to the $40 range again. 3 weeks later with SUNW At $38 Prudential calls SUNW a Strong Buy again and sets a $60 target price in 8-12 months! Regards, Addi Jamshidi

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