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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (72801)1/4/2000 11:55:00 AM
From: Eggolas Moria  Respond to of 132070
 
I'm always a little wary when an analyst says that a stock has risen in price "for no apparent reason."

These guys are paid to come up with a reason.<g>

Of course, an analyst who is negative on a company will sometimes say that when its price goes in the opposite direction and his customers (institutions) are upset at having sold at lower prices.

FWIW: He has a 3-1 rating on the stock, the same he had in his 12/1 report when the stock was at 43.



To: Les H who wrote (72801)1/4/2000 12:00:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Les, Now isn't that special. I thought the direct model was so powerful that this stuff couldn't happen. <g> But I love the way that scammy old Dell blames its slowing growth on component suppliers. They have huge demand. Really, then raise prices and make up for the rising component prices. <VBG> And it is amazing how the Dell suckers fall for every tall tale and even the Merrill geek thinks this is a one quarter problem when it has been going on for more than a year now.