Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (48901)	10/17/2000 12:33:22 PM
From: Chip McVickar	Respond to of 94695

Bob, I liked your note on buying stocks and agree with everything you said. I do own stocks and don't trade them very often and they are mostly Large Cap. I've traded smaller stocks and found that everything can be in place for a buy.., earnings, PE etc., only to have some "brokerage analyst" come out with a buy to hold signal and the stock gets creamed. Or a Mr. Clinton comes along and talks about the biotecks. I've just lost my sense of humor when it comes to individual stocks. Indexs are just seasier for this mind to understand. They go up they go down. <smile> Remember 80% of wiggles never form. Hope you do well in here..! Chip

To: robert b furman who wrote (48901)	10/18/2000 11:21:49 AM
From: Chip McVickar	Respond to of 94695

The 2000 All-America Research Team? Institutional Investor (www.iimagazine.com) just recently announced their 2000 All-America Research team. This means what? Not much. 1999 -- 2000 Firm 1 -- 1 Merrill Lynch 3 -- 1 Morgan Stanley Dean Witter 2 -- 3 Salomon Smith Barney 5 -- 4 Credit Suisse First Boston 6 -- 5 Donaldson, Lufkin & Jenrette 4 -- 5 Goldman, Sachs & Co. 7 -- 7 Bear, Stearns & Co. 8 -- 8 Lehman Brothers 8 -- 9 PaineWebber 10 -- 10 J.P. Morgan Securities 11 -- 11 Prudential Securities 11 -- 11 Sanford C. Bernstein & Co. 14 -- 13 Banc of America Securities 13 -- 14 Deutsche Banc Alex. Brown 20 -- 15 ISI Group 18 -- 15 Robertson Stephens These are the banks that had the highest ranking for analysts. Why is this deemed important? Well in the last few years as IPOs have sprung eternal, banks needed to justify the potential of all these new companies. Essentially, "top" analysts (which in years past were always viewed with disdain by the traders that actually made money) are used to pump up people into buying the chosen shares. But, there is a big problem here. These "top" analysts never do the heavy lifting of actually alerting investors when to buy and sell and how much to buy and sell. If those questions are not answered what good is their analysis? Think about it....! As anyone noticed that these "top" analysts have continued to offer buy and strong buy recommendations on stocks that have nose dived over the last 6 months? The trend is straight down and these guys are telling people to buy! Where is the sell advice....? Maybe we are just too idealistic. All-America Research team? Give us a break. turtletrader.com