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To: mishedlo who wrote (54829)9/23/2000 9:50:27 AM
From: gnuman  Respond to of 93625
 
Mike, re: ``Analysts couldn't have seen this coming,'' said Linda Ray
Analysts weren't even looking, IMO. There's a good article in today's Washington Post discussing analysts. Seem's they now spend more time marketing their firm's services to institutional investors and companies that want to raise money in the market, than researching companies. Instead of researching, "the analysts have gotten used to being spoon-fed information by the companies".
I wonder if these guys even read a 10Q anymore. <G>