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To: Pruguy who wrote (27418)7/30/1999 11:21:00 AM
From: tang  Read Replies (2) | Respond to of 41369
 
Pruguy or anyone: The dryefus' stock historical table site
is not available anymore, can you offer me a 'free' site
that allows me to browse a given stock's history, such
as day open/day high/day low/vol?

Appreciate any effort, thanks a million!



To: Pruguy who wrote (27418)7/30/1999 12:58:00 PM
From: Jeff Dryer  Read Replies (1) | Respond to of 41369
 
>your original post suggested that the analyst are playing a pump and
>dump game

This is often times their purpose and the result.

Look at all the new IPOs. After an IPO, there is an initial lock up period of 20 days where analysts cannot recommend. After the 20 days is up, I often see 3 firms at a time come out with their ratings... almost always Buy or Strong Buy regardless of price.

The firm or firms that take a company IPO, recommend purchase of the IPO. And firms who want to win banking business, like participate in a secondary offering, come out with their Buy and Strong Buys. It's a set-up... most people on SI know how the game works unfortunately most off-line investors don't.

>The research industry doesn't exist because it is the scam you
>suggest.

It exists so that the institutions doing the recommending can win business and/or enhance the relationship they have with the companies they are recommending.

It exists to get investors to buy. It doesn't exist to help investors sell. And it doesn't exist to help individuals to be good investors.

>Not a single chance that you are correct to tell strangers how to
>invest.

It would be good if people learned to invest for themselves. That means doing your own thinking and not relying on analysts who do not have your best interests in mind... that's why SI exists. There is a mission statement on the SI home page towards the bottom.

Silicon Investor is a virtual company, a network of highly knowledgeable individuals from around the world who are dedicated to discovering the truth and uncovering the best investment opportunities. Financial information is no longer an exclusive privilege of Wall Street and its contingent of analysts and brokers. SI seeks to bring a new financial order to Wall Street... one that benefits individual investors.

That's the mission statement we went online with 4 years ago and that's my mission now.