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To: Dan3 who wrote (69076)	3/25/2001 11:43:41 AM
From: NightOwl	Read Replies (1) \| Respond to of 93625

Good Morning Dan3, I see you're either an optimist,... or one severely lacking in sufficient paranoid perceptions of Brokerages and their affiliated Analysts.<vbg> I would have responded by suggesting that the "analyst community" is really the equivalent of the "average citizen" distinguished principally by the conflicts of interest to which they are routinely subjected. <g> For us paranoid Mom & Pops, the "factual" information contained in their reports can sometimes be of assistance, but their public "opinions" don't seem particularly accurate. 0\|0

To: Dan3 who wrote (69076)	3/25/2001 3:03:31 PM
From: Tenchusatsu	Respond to of 93625

Dan, <When considering a presidential candidate, all his positions must be considered, so a broad (and very time consuming)review of his policies is best. Most "average americans" focus on a few issues (or none). So the broad perspective of a professional journalist is important when considering candidates.> I think your overestimating the objectivity of so-called professional journalists, and underestimating the intelligence of the "average American." Not every American has trouble figuring out a butterfly ballot, you know. ;-) And even professional journalists focus on the few issues that matter to them, while ignoring the other issues which usually merit more attention than they are getting. <Most financial analysts also maintain a broad perspective of their sectors, which means they have to spend a little time considering each of dozens or hundreds of companies. We individual investors, OTOH, can focus all our efforts on one or two companies - meaning that our job is much simpler.> Then why couldn't these analysts who have such broad perspectives accurately predict the current economic slowdown that we are currently experiencing? Tenchusatsu