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To: Monty Lenard who wrote (53874)6/29/2001 7:49:49 AM
From: GVTucker  Respond to of 77400
 
As I said earlier, Monty, it's pretty evident that Lehman's performance on that list comes from risk preference rather than stock selection. When the market's OK, the list does fine. But when the market drops--yowza.



To: Monty Lenard who wrote (53874)6/29/2001 8:07:35 AM
From: JakeStraw  Read Replies (3) | Respond to of 77400
 
>>...none of them have done well at all.

Makes you wonder why people pay any attention to them at all! :^) Analysts have repeatedly shown just really how bad they are at picking the direction of the market and the performance of individual stocks. Only weathermen probably have a worst record! <g>


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