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To: David E. Taylor who wrote (1333)8/24/2000 1:22:02 PM
From: mr.mark  Respond to of 6784
 
despite the attractiveness and popularity of making blanket statements like, "They always pump what they are dumping", companies like goldman have reputations to protect and maintain.

it doesn't take any large degree of foresight to recognize the financial ruin that would befall a firm that would "always pump what they are dumping".

it just ain't so.



To: David E. Taylor who wrote (1333)8/29/2000 12:28:36 PM
From: BobInBush  Read Replies (1) | Respond to of 6784
 
Dave;
Goldman Sachs being the lead underwriter means that
they have a lot of discounted shares. Most likely they
were the ones who got to sell at $160. It's all about
the money. Goldman Sachs seems to only recommend what
would be perceived as good companies, they always seem
to do it when a stock is peaking. You can be sure that
when they issue a recommendation, that they are selling,
not buying. Cavet Emptor.


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