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


To: hueyone who wrote (50197)8/5/2001 12:47:47 AM
From: Gottfried  Respond to of 70976
 
From the Abelson column...

>A quite knowledgeable member of the Fechtor Detwiler shop, Jim Coleman, with whom we talked on Friday, was not very much taken with Wall Street's rekindled ardor for the chip stocks. Not all that surprising, we guess, since Jim spent 17 years in the semiconductor business before signing on as an analyst.

As he put it, most of his contacts are real live folks who sell the stuff, and they're plumb unable to see the bottom. But then, we imagine, they lack the super vision that marks a Wall Street analyst.
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Old Abelson is slipping, as you can see from the bolded words. Jim Coleman's 17 years in the chip biz [doing what?] are not impressive by themselves and besides, he is now one of those "Wall Street analysts" Abelson derides.

Gottfried



To: hueyone who wrote (50197)8/6/2001 7:47:32 PM
From: FJB  Read Replies (1) | Respond to of 70976
 
The brilliant market forecaster Abelson says the sky is falling - again. Thanks for the update.

Bob