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

To: Sam Citron who wrote (53459)	9/30/2001 10:37:29 PM
From: Gottfried	Respond to of 70976

Sam, thanks for giving it a shot. I sent e-mail to Mr. Fisher asking for reading suggestions. Yahoo posts 12 month targets for many stocks. For AMAT... High Target $75.00 Mean Target $55.63 Median Target $60.00 Low Target $27.00 No. of Brokers 8 Can Fisher's thinking be applied here? I don't know enough to answer that question. Gottfried

To: Sam Citron who wrote (53459)	9/30/2001 10:48:01 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Sam, you said >professional investors consensus of stock market. The reason their consensus forecast is always wrong is that they have already placed their money where their mouth is. This is what they are paid to do. They are the market. Hence the market already reflects their bias.< The reason the pros publish their forecast is to get individual investors to follow. That's the rest of the market. The pros may have already invested, but their target can only be achieved if individuals believe them and act on that belief. Gottfried