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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: KevRupert who wrote (35888)12/2/2000 5:55:01 PM
From: Thomas Mercer-Hursh  Read Replies (1) | Respond to of 54805
 
Herb G. is a straight-shooter. He may not always be right, but quite often he is.

As someone else who also has been reading Greenberg since his Chronicle days and had some interaction with him over the years, I have to agree that he always seems to be sincere and well-intentioned. Over the years he has caught a number of people with their pants not too well buttoned, but I have to say that there are also times when he seems to latch on, but that it wasn't really justified. I don't think there is any hidden agenda in this, just one of the mistakes we all make ... only a bit more publicly in his case.



To: KevRupert who wrote (35888)12/3/2000 10:30:11 PM
From: Greg Hull  Read Replies (1) | Respond to of 54805
 
advalorem,

<<Herb G. is a straight-shooter. He may not always be right, but quite often he is. He saved me a bundle by staying away from LHSP. There are too few honest reporters or analysts that don't have an axe to grind or a commission to worry about for the investment community.>>

My admittedly limited familiarity with him has led me to a distinctly different opinion of Herb Greenberg. It wasn't so much that he went after one of my holdings, but his methods were less than honest. In the few columns I read he stated a lot of his info came from professional shorts. He said he found them to be very diligent. So far so good. However the information he presented was often inaccurate, not current, or slanted with the worst possible spin. He was either very lazy and never bothered to verify the information he was fed, or he wanted to improve the returns of his short sources. These are not attributes of a good reporter.

CREE is a stock I've glanced at a couple times but never owned. Greenberg's columns could discourage a person who is considering buying CREE from doing so now. It might also encourage some impulse shorting. Either effect could reduce the price. Maybe I should look at CREE more seriously as a potential buy.

Greg