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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (57980)10/31/2000 11:45:02 AM
From: The Phoenix  Respond to of 63513
 
Junky,

Lehmans is either doing something unethical

This is an important point. Folks get nailed by the SEC for pumping and dumping stocks - or dumping and pumping as the case may be... but apparently it's OK for these guys to do it. And, more of an issue, they have the clout to acutally move the stock market. It's pretty messed up when you think about it but it seems to me that evenutally investors will get smart and stop listening to these bozos that are only in it for themselves. Yeah, they're lowering estimates for what reason??? So they look good - they could care less about the little guy... so if CSCO (in this example) moves higher they can raise targets again...... who get's burned? Those folks that let go of their shares at <$50 (sorry Gizmo)...

OG