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Technology Stocks : Apple Inc.
AAPL 271.84-0.4%Dec 31 3:59 PM EST
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To: soup who wrote (15673)7/16/1998 8:26:00 AM
From: Phillip C. Lee  Read Replies (3) of 213177
 
Soup,

Let's play a little math about the probability that at least one
analyst will upgrade Apple's rating as follows:

Well, let's assume that each analyst with "hold" rating has 0.1
probability that he/she will upgrade today or tomorrow. We have 15
analysts with "hold" recommendation at this moment. Hence, from
probability viewpoint, there are 1.5 persons who will change their
rating, which means there is 100% of probability that at least one
analyst will take an "upgrade" action today or tomorrow.

Well, unless there is conspiracy theory involved.

Cheers,

Phil
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