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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (47725)4/22/2000 7:30:00 PM
From: Benkea  Read Replies (4) | Respond to of 99985
 
Gary:

"I continue to be surprised by the amount of really smart people on SI (and I'm sure you are quite sharp) actually listen to what these analysts say without doing your own dd. Face it, these guys are no different from you and me."

Trust me when I say the last thing I would ever do is make a buy or sell decision based on something and anal cyst said. Besides being wrong 50/50, like everyone else, they have hidden agendas (though I don't think Biggs did) which color their "pitch". An anal cyst is a salesperson these days and anything coming out of their hole should be highly scrutinized.

As for Cisco, whatever the %, it's too much. Financing a product which is obsolete in 3 years, with no interest or principal payments during its period of usefullness, to marginal new start ups is stupid. ICG, a customer receiving such silly terms, confirmed this occurs. ANY % should be fully disclosed as it is a highly risky activity for shareholders who own stock in the company who receives 29X such "sales" in market cap!