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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (44811)	3/30/2001 11:55:04 AM
From: 16yearcycle	Respond to of 70976

I bought too, but not much. Richard, my main feeling is that the analysts are driven by price action, not fundamentals. I simply mean, that if things go up, they get bullish. They will use fundamental arguments in either the bull or bear case, but whether they are aware or not, there opinions are actually driven by sentiment, not analysis. This could hardly be worse, but there insane behavior creates volume so their employers are happy. There is a guy who I think is a great analyst and it is the Montgomery securities equip analyst. He is the only one. Mark Fitzgerald. He is very respected, and is saying we are close to the lows and it is time to step up.