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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (42275)3/22/2001 10:39:09 PM
From: QwikSand  Read Replies (2) | Respond to of 64865
 
At the risk of sounding like a cynic, I think the announcement of layoffs at major brokerage firms could work wonders for the professed sentiments of analysts and brokers. Knowing that their jobs might depend on the market recovering, I expect a profound bullishness to suddenly arise on the Street.

I don't know how true that is, but it sure is a good summary of the esteem in which financial "professionals" are held. For example, consider a doctor who deliberately diagnoses patients with illnesses that they don't really have in order to earn extra money from unnecessary treatments. The patient gets "well"...what's the problem? Of course people would be waiting outside the courthouse with a noose in case the physician could pay for a good enough lawyer to get him off. Absolute integrity is assumed to be a required of a physician.

Even lawyers, who are by profession paid advocates for thieves, scoundrels and murderers, and whose job is to persuade people that lies are the truth, commit an unthinkable breach of ethics when they collude with your adversary once you have paid them to take your side.

But if an analyst or broker whom you pay (directly or indirectly) to advise you, lies to you and cons you out of your money strictly to advance their own interests, it raises nary an eyebrow. At the most, we shrug and go on. What were you expecting? Which world did you think you were living in?

At the risk of sounding like a dweeb, I think that's pretty interesting.

--QS



To: Charles Tutt who wrote (42275)3/22/2001 11:16:06 PM
From: techtonicbull  Respond to of 64865
 
Out of the woodwork I think the time has come for SUNW to march higher as will all the other major tech stocks that have been so beaten down. Were at a bottom I suspect.



To: Charles Tutt who wrote (42275)3/22/2001 11:54:28 PM
From: Mark The Trader  Read Replies (1) | Respond to of 64865
 
As much as I do not like placing blame on others for an individuals actions I have to say that these analysts really suckered a lot of people. I never trusted them and basically do the opposite of what they say . Guys like Henry Bloodguts and Mary Misteecker, and Abby Joseph Conenuts are all full of shit . And how about the always bullish Joe Pat my back illial. Hey Mr bull-shit I dont see you on CNBC that much anymore . O trust me when this market recovers they will be back on CNBC every 10 minutes.
The only ones I respect are the ones who started calling this last year and they are few and far between. O yes lets not forget the bozos who put sell rating on net stocks when they become penny stocks :_}



To: Charles Tutt who wrote (42275)3/23/2001 6:27:16 AM
From: JDN  Respond to of 64865
 
Dear Charles: Good point!! Nothing like a little scare that you might lose YOUR job to get the right ATTITUDE. I used to tell my employees, ATTITUDE determines ALTITUDE. JDN



To: Charles Tutt who wrote (42275)3/23/2001 11:57:42 AM
From: cheryl williamson  Respond to of 64865
 
LOL!!!!! Even cynics have their day...