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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Esway who wrote (9048)	10/25/1999 5:05:00 PM
From: Spytrdr	Read Replies (2) \| Respond to of 13953

it happens time and time again. wallstreet brokerage houses upgrade at $ 150, and downgrade at $ 20. look at the HIFN chart, there was nothing but "strong buys" at $ 140, then something ugly happened, and the stock fell to $ 40, AFTER THE FACT, the downgrades came, from the same people who had strong buys at $ 140. do you need analysts for that? same thing with NEON, a strong buy for NEON was coming out every day while it was trading at $ 75, then the stock missed its quarter and crashed to $ 15, again, AFTER THE FACT, the SAME PEOPLE who had the strong buys downgraded it. take IBM, at $ 150 when Gerstner talked about the "fireflies before the storm" everybody was saying "it's a double from here", then suddenly as it fell to $ 90, now those same analysts don't want it now. take Ralph Acampora, that dickface, with DOW 11,300 he was "predicting" a DOW 12,500 by yearend, then as the DOW fell to 10,000 he got scared and "predicted" a possible DOW 9000 or even 8000. my mother can make better predictions than that.