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Gold/Mining/Energy : Tri-Vision & The V-Chip

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To: John Sladek who wrote (3270)	7/5/1998 2:24:00 PM
From: Graham Dellaire	Read Replies (1) of 5743

Good example of analysts being way off is with Micrologix Biotech. I have analyst reports on them stating 4 and 5 dollar price targets for 1996 and they only made it to 3 a share and spent much time in the 2's. Then you have Yogen Fruz, which had a 7 dollar target for 1997 and beat it hitting 9 a share. Again they beat estimates this year (est. of 10 and they hit 14 and are currently 13.40 or so). In the market it is still your own fault when you lose money. Scapegoats can be found, but I try to rise above that. Good comments John. But I wouldn't put all the blame on analysts when it is apparent that there are more stocks than analysts can credibly follow and a lot of bad calls are made each week. It is still up to the lowly retail investor to put it on the line, or refrain from the turn of the roulette wheel. Graham

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