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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (10744)7/9/1999 2:55:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 18998
 
Gee, if an analyst said so it must be true, right, objective and always done in my best interest, right?

We just live in the best of all possible worlds......



To: Andrew H who wrote (10744)7/12/1999 7:17:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 18998
 
Andrew, this is another case of IDTC longs granting credibility based on what they want to hear. Why is it that the obvious conflict of interest on BTAB's part is not even questioned once, when you guys are willing to stretch to any length, or even make things up to find a conflict on Herb's part?

Barb



To: Andrew H who wrote (10744)7/12/1999 10:30:00 AM
From: blankmind  Read Replies (1) | Respond to of 18998
 
From Bull-Market.com report

COMMENT: There has been some negative press on IDT Corp. (IDTC) lately and we
have discovered that it is Herb Greenberg, a writer for the San Francisco
Chronicle and TheStreet.com (TSCM). Here are the titles of his articles that
were printed last week: "Has IDT Been Making Loans to a Company That Doesn't
Technically Exist?" and "Is Culture as Important as Fundamentals at IDT?"
We do not want to take much time on this because we think it is mostly hogwash.
Greenberg had a column to write and he decided to write two of them and pick on
this company. This firm is doing VERY WELL, thank you. We have a daughter in
Paris this month and we are calling her for 12 cents a minute, using IDT's
services. We haven't seen anybody better. So there. We liked them at $28 and
we like them even more at $22 (up 10% on Friday.) Look at their revenues - they
are growing like a weed. Greenberg's fabrications about insider shenanigans are
not very disturbing when you get to the bottom of it, just upsetting for the
short term and sensationalistic. Fundamentally, they should have no bearing on
the future success of the company.




To: Andrew H who wrote (10744)7/13/1999 4:43:00 PM
From: Daniel Chisholm  Read Replies (1) | Respond to of 18998
 
Now who should we believe, HG and the Pigs or Alex Brown?

Well I'd rather not "believe" anybody, but form my own opinion based on research that I do myself.

However if push came to shove and I had to place "faith" in the opinion of either Herb Greenberg or some analyst I'd never heard of before and have no experience with, no matter what firm they work for, I'd say I'd go with Herb Greenberg.

- Daniel