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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Dennis O'Bell who wrote (48312)3/2/2001 8:12:07 AM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
There is much less publicly available information available in Europe and not surprisingly the public's participation in the markets is incomparably less there.


And the misinformation by companies in America is said to pale by comparison to the way they cook the books in Europe. From what I understand, it is a house of cards.

This topic is really more about investor perception of stock valuation than it is about actual valuation. But those perceptions can be skewed by the media and misinformation. But if investors lose faith that stock certificates have intrinsic value, the system collapses. . . .which is why I fight gloom and doomers tooth and nail.

To say that A.T. & T. has no value because its assets are offset by its debt shows a total lack of faith in management and places their valuation at zero. . . .as though the debt is not manageable. The answer is not to sell off all the assets to pay all the debt. That would put the company out of business. The answer is to manage the debt and grow the business. . . .and raise capital. . .and over time the problem will work itself out. And it is the proportion of faith the investor has in management that places value in the stock.

The same thing happens in reverse with over hyped stocks. Investors feel that the company could be the "next Microsoft" and overvalues it, regardless of the fact that it has never made any money. And that is what is so dangerous about investment banks selling us the sizzle.

As for the inability to move a large cap stock by manipulation. . . Look at Qualcomm. It races north. . . it plunges south. Rumors abound. . . China. . .G3. . . deals . . .takeovers. . . you name it. And it works!

Rande Is



To: Dennis O'Bell who wrote (48312)3/2/2001 10:10:22 AM
From: Joe Lyddon  Respond to of 57584
 
What do you think could be happening when an ANALyst(s) or Brokerage firm(s), upgrade / downgrade a stock or make good / bad comments about a stock?

They normally attack Big Cap stocks don't they? The popular ones. . .

There are many many cases that Rande & others have commented on. . .

It's no secret. . . It's happening!

What was that stock. . . QCOM. . .? . . All kinds of upgrades. . . "going to 1000". . . as it was going down, NOT A WORD about it! . . . One guess as to who shorted it! . . . It keeps going DOWN. . . not a word. . . It finally reaches what appears to be their bottom, THEN, they finally DOWNGRADE the stock! . . Guess who BUYS it!

If you don't want Rande's Florida land, I know of a possible solid Gold Bridge in the middle of The Mojave that could be for sale. . . Only one catch, you pay me for it, but then you have to go find it!
I will even downgrade it so it will seem like the rock-bottom price! <grin>

It does happen. . .

Joe