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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (10191)	2/15/2001 9:55:12 AM
From: bowledover	Respond to of 13572

Walkingshadow, don't think I have enough historical knowledge of the markets, nor have I paid enough attention to analysts to feel I 'understand' what they are doing. But your assessment strikes me as basically accurate. I do have a couple of personal experiences where, last year, I sold on a downgrade and regretted it a month later. Classic stuff. The point of this however, is that from everything I've heard on CNBC (not absolutely the best source, but ...) about the new SEC rules on disclosure means that analysts do not have the insider track they used to and so are, even more so, stuck to come up with 'information' they can peddle. In a way they may be even more tied, psychologically, to what their 'house' wants them to say for the 'house's' larger reasons. Seems to me then, they may be even more suspect in the future. But as I indicated above this is speculation. bowledover P.S. Yesterday that was about the only thing that made me smile and I was grateful for it.