SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?


To: Pruguy who wrote (1100)4/2/2000 12:46:00 AM
From: LLCoolG  Read Replies (2) | Respond to of 1938
 
Pru,

You are preaching to the choir. I don't know whether they were buying for themselves or clients, but either way, it looks poor. If they were buying for clients, then they obviously don't have their clients listening to them, and if they are buying (or covering, perhaps) for themselves, then that is worse.

And I would also say, that if they thought it was going higher, their timing would have been a little bit different. Like say a week ago. To make their opinion public after the stock dropped a full 35% in 2 weeks is not being informational, it is piling on.

I am not slamming Prudential; it is not entirely their fault. I stated that clearly. But if your intent is to debate the points you pasted, quality houses like Goldman or Morgan would be a little more subtle about it. You wouldn't see them pile on, or buy heavily the day they pan something.

OT, you convinced me to buy some ISLD, so I do owe you on that one. Long at 107 <gulp>. Not worried, though.

G