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 : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: A. A. LaFountain III who wrote (5187)6/29/1999 11:03:00 AM
From: Charles R  Read Replies (1) | Respond to of 9582
 
Tad,

<Ken: re "DayGrading"
Nice word play.

Now about my shifts in ratings...>

I had a feeling you wouldn't let that one pass.

In any case, I wonder about the tax consequences of the approach. A 20% - 35% spread can be lost on a lot of clients because:
a) taxes and
b) the difference in prices from the time you make a recommendation to the time a client gets his order through.

Wouldn't that merit some kind of hysterisis wider than than 20-25% range that you use - especially in today's more volatile markets?

Also, a question of curiosity - what is the target audience split for your research (buy side/sell side; institutional/retail)?

Thanks,
Chuck



To: A. A. LaFountain III who wrote (5187)6/30/1999 1:41:00 AM
From: Madharry  Respond to of 9582
 
I certainly appreciate the time you are taking to explain your rating strategies, but I would quibble with your target price of $12.50. It seems like the company is operating on all cylinders now and your price of $12.50 give no value to the core operations of the company.

If I understand your rating system;when the stock hits $10.25 you will downgrade it to a buy again! That could be tomorrow!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News