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Technology Stocks : ZORAN jpeg/dvd moguls

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To: Brian K. Winchell who wrote (1130)1/29/1998 8:20:00 AM
From: coopie  Read Replies (1) of 1486
 
To: Marty Van Acker (28892 )
From: coopie
Thursday, Jan 29 1998 8:19AM EST
Reply # of 28914

Regarding Analyst's actions - seems CE Unterberg Towbin reiterated a buy rating on
ZRAN yesterday. This is the same analyst (T. Singh) who cut CUBE's rating last
week. Maybe "the market" is looking for places to put money, and that is why ZRAN's
volume was so big yesterday & CUBE's volume during the recent sell-off was so light?
Who knows, but it does go to show you how important the analyst's opinions are to
the short term price moves of a stock. Good Luck.
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