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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%3:59 PM EST

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To: Frank Povoski who wrote (21900)2/3/1999 6:40:00 PM
From: kennny  Read Replies (1) of 77397
 
Sutro is full of s--t !
What reason would Sutro have for a downgrade? More than likely, they want to push a different stock. CSCO is owned by many. It is for the most part a very safe stock that has a VERY proven history. Who would even hint that the future for CSCO can be anything but up. Look at what they have done and what they will be doing. This is one of the few stocks that there are out there that doesnt need "HYPE".
As for grading....I watch Moneyline, if for nothing else, to hear the hype the brokers give. For weeks every broker that they have on has said that AMZN is overpriced and all the B.S. about internet stocks and so on and so on. Then about a week ago they get some young guy on there who is saying how AMZN is the deal of a life time....
My point is that just about every upgrade or downgrade is not only based on the correct info. Rather what they want you to buy. (hype)
How many gradings have you seen that are total B.S. ? Have you ever heard of anyone being sued for giving a bad grading?
Most of these guys don't know the difference between a hot dog and a door knob. But they want to tell you what to do with your $$$ because they really care about your investments, right ?
Good luck to all
Ken
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