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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (13440)	8/1/2001 2:05:09 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

I was watching NBR last night covering the hearings on brokerage houses. One commentator was more worried about the analysts being seen as the scapegoats for the decline rather than holding them accountable for their calls!! UFB!

To: Paul Shread who wrote (13440)	8/1/2001 2:27:15 PM
From: Louis V. Lambrecht	Respond to of 52237

paul, don - re: sell side analysts. In one way, I agree: prevent the sell side analysts (who are the investment house councellors) to issue ANY comment on shares the houzes hold. The only kind of "self-regulating" measure there is, is the fact that these analysts must remain credible. I don't think the SEC will have a consumer oriented approach, defending the small investors. Stock market is where big money is made, wth with the retail investor. There has been some voices in the press about analysts never issuing a "sell" downgrade, or keeping a "buy" rating on issues which fell 80% in value. SEC is pressured to react and, as Don says, "will take years". As long as there will be no lawyers firms jumping on the wagon and starting class suits against these analysts. Warning: I am a paranoid and believe they all are after my savings. <gggg>