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

To: pater tenebrarum who wrote (80835)	5/17/2000 11:24:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

hb, Actually, being a bear, it doesn't matter if you are right enough. You get canned anyway, because you can't do any banking business with a neutral or worse recommendation. I still remember the analyst at Janney Monkey in the 1980s who said he didn't think Trump's casino company scam (I forget which flim flam it was, but I think it was Taj Mahal) could make it. He got fired for daring to voice that opinion. Of course, the Trump shell went belly up a few weeks later and the guy had saved clients millions of dollars. But he had cost the company some banking biz. Gee, I wonder if the commission paying public still thinks the brokerage firms are actually trying to help THEM? <g> BTW, nearly all analysts, bull and bear, get canned in a bear market, so it almost makes no sense to be a bearish analyst. Anyone who is bearish and plies his trade on the Street either has a mental problem or has honor, and the latter is certainly unacceptable. <NG>