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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (37216)9/11/2000 8:52:07 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Analysts get paid by the firm their at. The firm in turn gets paid mostly via investment banking (read the covered company is the client) and in house trading. The research money collected from the public is too little to matter.

I agree 100%. But even with the above parameters an analyst should never sacrifice truth as he or she sees it, for any of the above, but unfortunately this is done all the time. Enough said. The facts on the ground are the facts of life we must deal with so whether it is Joseph or Kumar we have to learn to take our lumps when this happens.
And just an aside. I fully expected markets to rally last week. But I noticed early last week here in NYC that it was still a vacation week for many. The roads in and out of Manhattan were empty by NY standards. The summer season over the past few years has added an eleventh week. So all the players should be back and well rested now. And where will earnings largely hold up in this soft landing environment--in Tech--so as this week goes on imo we should see some significant nasdaq improvement as money moves to tech from "old eco" stocks.