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To: Beltropolis Boy who wrote (1513)10/25/1999 4:11:00 PM
From: Gregory Rasp  Read Replies (1) | Respond to of 10934
 
Interesting thing is that they initiated coverage with a sell. It was not actually a downgrade which I think would be worse as that represents a change of opinion as opposed to a new opinion. Also sell recs are rare. I would not put any weight in the coverage but I think it could easily explain the drop. NTAP is lofty and it does not take much to shake out some of the half-hearted. No way somebody initiating coverage has reliable info from the company about a problem that did not go thru the analysts that cover the stock regularly (IMO), so I dismiss it entirely.

GR



To: Beltropolis Boy who wrote (1513)10/25/1999 4:18:00 PM
From: Lynn  Read Replies (1) | Respond to of 10934
 
Hi Chris,

I didn't think you took that downgrade seriously and I am glad to know that for once I was right!

Re finding it on _Bloomberg_, I take things there with a grain of salt if it is from a company or analyst I am unfamiliar with--and even some I am. As some of us on another thread learned last year, for a few dollars one can get something published over at _Bloomberg_. A certain "analyst," supposed Director of Research and some other high sounding title of an investment institute had some articles available over at _Bloomberg_. This twit, a new SI subscriber, parked himself on that particular thread for a while. Some of us did some digging and his "institute" was out of some room in his house. He was not registered with his state--or anything else. Just someone who happened to have a classy sounding real name and decided to capitalize on the internet by spending some money to get his name around by making investment recommendation at various sites, including _Bloomberg_.

The person is still here at SI--I just checked--but is a bit more low keyed and has taken a lot out of his profile that was questionable (i.e. universities attended and degrees, job experience, full name and address of 'institute'). Its been a while since I have run accross one of his irritating investment recommendations.

Maybe that "company" that gives a sell for NTAP is another one of these internet investment wanabe's.

Hummmmm... The Mataka Technology Fund [or Group or Institute]. Now that has a nice ring! How about if the thread chips in a few dollars each so you can post a "Buy" rating for NTAP over at _Bloomberg_?

Lynn