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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: Charlie Smith who wrote (5349)	10/30/2000 12:32:26 AM
From: robert w fain	Respond to of 6180

Charlie ---long time since I read one of your messages.I hope you have been well. You have always been right on target----what do you think will happen to TXN and the market between now and March of 2001.---I sold all but 10% of my TXN and all of my CSCO and SUNW on March the third and put it in Corp. bonds at 8%---when they start to buy them back in 2004 I will have to find a new way back into the market .

To: Charlie Smith who wrote (5349)	10/30/2000 1:45:16 AM
From: Mephisto	Read Replies (1) \| Respond to of 6180

Isn't October the month that brokerage firms have to sell stocks to offset gains for 2000? I cannot think of any other reason for the downgrades in TXN and other semis. I am furious that people pay attention to the analyst's recommendations? Why are investors unaware that security firm analysts intentionally manipulate stocks during October, and at other times as well? I am a cynic so it wouldn't surprise me if various firms chat with each other b4 they downgrade a stock during this period. Did you see the recent "Cool Post" where Goldman Sachs trotted out Abbey Cohen to say that CSCO was undervalued. CSCO went up, but, according to the "Cool Post", Goldman Sachs sold CSCO the next day or shortly after Cohen's upbeat remarks. I don't understand why the SEC doesn't fine firms where analysts use their reputation in order to manipulate a stock's price. In my opinion Goldman Sachs, among others, should be fined, if indeed they sold their shares in CSCO after Cohen's remarks, but what I would really like to see is the arrogance of brokers and partners in the firm splintered, and their arrogance shattered. I believe the SEC should fine firms that attempt to manipulate the market, but I believe the partners and brokers in the firms that attempt to manipulate a stock's share price should have to appear b4 a judge who would require that they perform many hours of community service as well. And they have to do it! They can't pay stand-ins to do the dirty work for them. As part of their community service, the rich brokers and partners should have to wash the floors, paint the apartments or houses of seniors and anyone else who has a hard time. JMOP Mephisto