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Technology Stocks : All About Sun Microsystems

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To: Iraj Masarati who wrote (792)3/7/1997 4:26:00 PM
From: uu   of 64865
 
Iraj:

> I like to see if these idiot would remember their comments after
> SUNW, Q3 earning comes out and beats the expectation.

Actually these idiots might not be so idiot after all. While they go
public and downgrade the stock, they start buying. Once the stock is
pushed up high enough they start upgrading it! So if some big hot shot
jack-ass analyst says for example stock A is a HOLD at $30, then 2
months later that same jack-ass upgrades the stock to a STRONG BUY
when the price is at $35 or $36/shr! So how can something be a hold at
$30 and a strong buy at $35-$36/shr?!! I have seen this so many times
and it is really sickening. I remember INTC was downgraded by
SoundView and Smith&Barney to a HOLD when it was at $60 and then they
upgraded that to a STRONG BUY at $110! The same with HP, and MSFT, and
even SUNW! As they say the best analyst is the one whose mouth is
big enough to put his own foot in it! Next time when one of these
guys talk on CNBC or CNN pay close attention to their mouth. You will
notice its size is 'HUGE' compare to the rest of the characteristics
of their body with the exception of the foot (which if measured
matches the width of the mouth)!

Regards,

- Addi Jamshidi
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