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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: hitesh puri who wrote (10214)	10/18/1999 5:59:00 PM
From: Kent Rattey	Read Replies (1) \| Respond to of 21876

Dam! This is just like the fun we had on the ASND thread a few years back! <G> Kent

To: hitesh puri who wrote (10214)	10/18/1999 6:02:00 PM
From: GVTucker	Respond to of 21876

hitesh, RE: Downgrades are always towards the bottom and upgrades mark a top. INTC and AOL all had the most upgrades just before the tank. Not true. Actually, downgrades and upgrades are not correlated with stock price performance at all. In fact, according to a fine study in Financial Analysts Journal, the only time an analyst's rating has any correlation to stock price performance is when a company's underwriter lowers a rating. In this instance, a company's stock almost always underperforms. Insert comment about the inadequacy of Chinese Walls here.

To: hitesh puri who wrote (10214)	10/18/1999 6:09:00 PM
From: Joe S Pack	Respond to of 21876

Hitesh wrote ... unlike Vegas Wall Street does not offer great hotels and fabulous shows. I think that is not completely true. Of recent there are shows on venerable TV (CNBS, FOX ..) and print media (TheThrash.com, AnalYsts,...) to supplement entertainment value of the street. -Nat