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Politics : Formerly About Applied Materials
AMAT 231.19-1.7%11:48 AM EST

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To: Justa Werkenstiff who wrote (24723)9/30/1998 10:59:00 AM
From: Ian@SI  Read Replies (2) of 70976
 
Hey, Ian, remember this Dauvin dude? <G> :


Actually, no. <g>

While I don't trust DataQuest forecasts, I trust company Chief Economist forecasts even less. Their forecasts help determine at what level of sales/earninbgs, the bonus plan will kick in. ... just a slight vested interest in providing a lower than expected forecast.

Any analysis of Dataquest forecast accuracy that I've seen has implied that throwing darts may be a better technique though they usually get the direction right.

FWIW,
Ian.
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