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To: Joseph Pareti who wrote (130804)	3/24/2001 5:05:37 PM
From: Gottfried	Respond to of 186894

Joseph, [edited] more about analysts from Business Week... APRIL 2, 2001 A Definite "Sell"? Gimme 100 Shares Brokerage calls keep missing the mark--and then some Who says you can't make money by following a Wall Street analyst's recommendations? Just do exactly the opposite of what they say, and you'll make out like a bandit. And we're not talking about the stocks these analysts are plugging, either. Granted, the Street has a tough time telling investors to sell stocks anyway, but when they do, you'd think it would be a no-brainer to pick a loser in this bear market. Instead, these calls are defying gravity. Take a look at how Credit Suisse First Boston has fared with its sell recommendations so far this year (table). First, only 11 U.S. stocks of 1,328 stocks Credit Suisse covers are on the sell list, according to Zacks Investment Research. The irony is that many of those stocks have outperformed the company's buy recommendations. One of the stocks, Winn-Dixie Stores Inc. (WIN ), hit a 52-week high on Mar. 20, while PacificCare Health Systems (PHSY ) is up 135%. The company spokeswoman's comment: "CSFB stands by the independence of its research and our analysts." Credit Suisse isn't the only one with egg on its face. UBS Warburg has four current "reduce" ratings on the 1,015 U.S. stocks it covers. Three of those--KMart (KM ), DaimlerChrysler (DCX ), and New Plan Excel Realty Trust (NXL )--are up 64.2%, 9.3% and 17.9% this year through Mar. 20. Even Yahoo! Inc.'s (YHOO ) -50.6% free fall isn't enough to derail the group's 10.2% average price gain.[snip] subscribers businessweek.com@@U8PHLGYQ4F56tAcA/premium/content/01_14/b3726096.htm [edit: I like your strategy] Gottfried