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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (16779)2/28/2002 12:15:21 PM
From: jcky  Read Replies (1) | Respond to of 23786
 
On a side note, look who crawled out from under a rock today: Mary Meeker.

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8:07AM eBay upgraded by Morgan Stanley; down 27% y-t-d (EBAY) 49.11: Morgan Stanley upgrades to STRONG BUY from Outperform following stocks 27% yr-to-date decline and 16% retreat over the last two weeks with no change in the fundamental outlook. EBAY is co's top stock pick in the Internet space.

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The problem with these analysts is you don't know if they're making these calls so their best clients can unload or if they are trying to make a honest call. With Mary Meeker (and her track record), I know which way I'm leaning. It's also funny how these analysts read the charts too and time their upgrades based upon critical support for their stocks.