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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: esecurities(tm) who wrote (1176)2/2/1998 9:00:00 PM
From: esecurities(tm)  Read Replies (1) of 2443
 
Cruttenden Roth Analyst issues a BUY, Retail side of C-R issues a HOLD...

One year ago the retail side of C-R, literally, wanted D. Wardwell's head when she downgraded TMSR contemporaneous with the release of TMSRs record-setting Q4/fy '97 numbers. The retail (brokers) side of Cruttenden Roth, in defiance of their own analyst and Company were bullish on TMSR (1/97) and advised buying (to the public)...The retail side is now advising the public not to buy but to wait/hold despite an outstanding BUY issued by C-Rs Wardwell, as of last week. C-Rs retail side was also upset with Aanderud's terminating the secondary in the face of pending record revenues and earnings, of which, TMSR would have benefited from significantly [per retail side of C-R].

What did they [investment banking v. retail v. trading Chinese walls] know and when did they now it?...

source: Cruttenden Roth
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