PFE (Pfizer) How high will it go? Message Board

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Biotech / Medical : PFE (Pfizer) How high will it go?

PFE 25.24

-0.8%

10:35 AM EST

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To: zurdo who wrote (3800)	6/30/1998 9:31:00 PM
From: Ally	Read Replies (2) of 9523

>>For instance, DLJ probably has a big institutional client that wants to unload large numbers of WLA stock and pick up PFE for a song before earnings are announced....There is no sincerity or honesty, in my opinion, in their "analysis"... They are pimps for their institutional clients...DLJ and others like them are given far more credibility and respect than they deserve...<< Exactly, and well said. DLJ and like firms use the power of communication through internet and CNBC to broadcast their "recommendations". As individual investors we should not get sucked in. There is no reason for these firms to provide their recommendations free to the public. And when they do, invariably, they have a agenda to behave contrary to their public statements. I notice DLJ is especially notorious for their frequent broadcasting of "recommendations" to the world at large. Because they're licenced as investment advisors they are legally allow to make investment recommendations. There should be a law against disseminating investment recommendation in bad faith.

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