SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Dutch who wrote (23041)6/21/1999 12:01:00 AM
From: Don Green  Respond to of 93625
 
> TIMING is a MYTH???

Really.. ?

Analysts reputation is based on their stock calls, which reflects in their paycheck.

Underwriting dept is totally different than research, very strict guidelines separate them.

don



To: Dutch who wrote (23041)6/21/1999 12:36:00 AM
From: Victor Lazlo  Respond to of 93625
 
<< Analyst compensation is not derived from buy/sell, it is from attracting underwriting fees. Stong Buy/Buy signals accomplish this, you know this as do most who read this thread. >>

Right, Dutch.

If you were the CEO of a tech co., and most of your pay were in options, and many of those options were already vested and you could sell them anytime you wanted to, who would you give your company's underwriting bus to, the co whose anlayst says "buy" on your co., the who says "hold" or the one who says "strong buy" ? <g>

Then there was Jeff Vinik, the Fidelity Magellan Fund Mgr who went on Wall Street Week and other venues talking up tech stocks and how he was long and snapping up more, while he was actually selling them as fast as he could. Micron shareholders sued Fideilty and won a $10 million (I think )judgement.

I am not sure these are the kind of folks I would trust or believe re rmbs.

Victor