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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (160505)	9/8/2000 5:10:51 PM
From: D.J.Smyth	Respond to of 176387

Tucker 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 can't see how combined prostitution leads to collusion in action? institutional reps talk to each other. they collude. they short in concert with each other. "small investors" also include your average, scared 401K recipient as well. from where do you think "programmed trading" cycles come? I did state that longs had an agenda, just like shorts. That has nothing to do with lying. an agenda has nothing to do with lying? well, of course it does, but that's not the point. 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. don't we all act based on the analysis of others? as for, "analysts for the most part tell the truth..." - they tell the truth subjgated only to their primary purpose which is to serve their institutional employer. "truth", then, is defined within the will and intent of the institution. analysts do not act independent of their employers. Isn't it possible that neither are liars or idiots, but rather one person's projection was wrong and the other's was right? you are right. i was using hyperboles in order to make a point regarding Kumar's intent. his first intent is to serve the institution, his employer. all other of his intentions are subjugated to his primary intent. i sincerely doubt that the institutions' primary intent is to be truthful under all circumstances. the organization itself must first be served. analysts don't take oaths of truthfulness when they are hired. they do sign employee conracts and do know who their employers are. Or do you believe that only idiots make mistakes? oh yes, most certainly i believe that (joke) Was DELL lying when they guided analysts to 40% revenue growth a couple of years ago? Were they idiots? Or were they just wrong? Dell must have been flat out lying (another joke). nevertheless, if I recall Dell's 40% guidance was relevant for 1999. I never heard them specifically project 40% for the year 2000. They did project 30% at the beginning of this year. you were just hired to make a summary report on the views of ten analysts in regard to Dell. All ten analysts have access to the same information. Nine analysts come to a conclusion based on that data. One anlyst comes to a near opposite conclusion of the other nine. The other nine go to great lengths in an attempt to verify their conclusions. The one, Kumar, is quite vocal about his conclusions and even gets on national TV as a result. Dell's stock falls over 10% in that one day. so, Kumar is either (a) just wrong, (b) a complete idiot, (c) a passionate liar, or (d) a lucky god. Kumar's last statement re Dell & Intel was so strongly opposite his peers it makes one wonder about both his motives and his deductive powers or reasoning. Given his passion, the "just wrong" category doesn't seem to fit well. As a good analyst you can be "just wrong". but generally, if you're all alone in your conclusions, you tend to mute your passions. Analysts who are passionately "just wrong", as in this case, had better be passionately just right (or else). Relative to his employer, the institution, Kumar's latest action was certainly approved.