To: D.J.Smyth who wrote (160502 ) 9/8/2000 3:51:58 PM From: GVTucker Read Replies (1) | Respond to of 176387 Darrell, RE: but, regardless of their purist explanation, who receives the greatest benefit from this scenario? WallStreet created this category at the request of the institutions. who is hurt the most often? isn't it the small, individual investor? I cannot see how the small, individual investor is hurt by short sellers. I can see how small, individual investors are hurt by liars, both long and short.you implied that longs lie as often as shorts to help prop up their positions. since all longs and shorts are represented by analysts, you're therefore saying the analysts lie as often as they tell the truth. If I gave you that implication I apologize. I have no idea how often a long lies or a short lies. Neither do you. I did state that longs had an agenda, just like shorts. That has nothing to do with lying. In addition, I can guarantee that I personally am not represented by an analyst, and there is absolutely nothing in what I have said that would lead a reasonable person to infer that analysts lie as often as they tell the truth. In fact, IMO, analysts for the most part tell the truth.Dell says sales are fine. Kumar says they're not. Dell says sequential growth of at least 10%. Kumar says no way. Either Kumar is a liar, Dell is a liar, they're both idiots, or Kumar is a god. Isn't it possible that neither are liars or idiots, but rather one person's projection was wrong and the other's was right? Or do you believe that only idiots make mistakes? Was DELL lying when they guided analysts to 40% revenue growth a couple of years ago? Were they idiots? Or were they just wrong?