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Technology Stocks : JPM Co. (JPMX, formerly JPMC)

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To: Tayfun Ucar who wrote (13)2/12/1997 8:39:00 PM
From: Jocelyn Bolick   of 157
 
For what it's worth, I checked out this company on
researchmag.com on January 28th (they claim to update their reports daily).

The Wall Street Analysis said that the stock was followed by 3 Wall Street professionals, they gave it a BUY ranking of 2.00 for the Average Qualitative Opinion, with the S&P 500 at 0.91. They also stated that Wall Street's confidence in the earnings forecast is at the top of the scale statistically. Much lower deviation in the consensus estimate for the company than for the market.

I checked it again on February 9th, there were now 4 Wall Street analysts following the stock, with an AQO of 1.62. The level of confidence in the earnings forecast was low, deviation of consensus estimates was very high.

Whoever that 4th analyst was that joined the club really skewed the statistics. Call your brokers to see if a new analyst started reporting on JPMX within the last 2 weeks ... Jocelyn Bolick
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