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Biotech / Medical : Gliatech (GLIA) -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (911)	8/11/1999 5:08:00 PM
From: Night Trader	Respond to of 2001

Richard, Sorry, I somehow got the idea that the opinion came out today. I didn't mean to imply by the way that analysts are cynical and manipulative (though they may be on occasions), only that more often than not they merely follow the price trend of the stock, upgrading after a run and downgrading (or even dropping coverage) after a fall. All too often they are price reactors rather than price predictors (or at least no better a predictor than price momentum itself.)