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To: The Duke of URLĀ© who wrote (119787)11/30/2000 12:43:43 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Duke, >I seem to recall that Niles said about September, that if the market softens, AMD would be "Roadkill".

That was Kumar. Final answer.

Cramer has an article on this in thestreetdotcom. His conclusion seems to be that an analyst who is now suddenly blind, must downgrade to protect his job, ie it is better to be wrong on the downside, short term.

They are like someone who is driving along and a sudden rainstorm blinds the road. What do ya do, you slow down and pull over.


Good analogy. In a year's time, or so, they can always say 'sure I downgraded back then', but a lot of people won't know when they did. TV