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To: Jock Hutchinson who wrote (19718)	8/13/1999 5:45:00 PM
From: Robert Salasidis	Read Replies (1) \| Respond to of 25814

And not to belabour my point as well - estimates and analyst recommendations change after the fact when a company makes surprise announcements. It doesn't take many of these to make a portfolio look great. The argument is not that the 1 rated stocks are worse than the 2 or 5 etc, its that they potentially don't perform at the same % ratings that they publish (again if they calculate performance the way I am suspecting on this thread originally).