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Non-Tech : Radica Games (RADA)

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To: Gurupup who wrote (1624)1/5/1998 11:16:00 AM
From: chaz  Read Replies (1) of 7111
 
It's exactly that investment banking "relationship" that taints any evaluation an analyst would produce. They want business....would such an analyst produce a report saying the company shouldn't be bought? And as further food for thought, what does a company producing a surplus of cash from ongoing operations need with an investment banker who will raise still more cash than it needs from investors? Obviously I have a very nasty view of analysts. I pay no attention to what they say, or to the reasons why they say it. Their work is not in my interest as a stockholder, not in the interest of those looking to become stockholders, not even in the client's interest. Chaz.
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