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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (14157)	3/23/2002 10:43:12 AM
From: Bob Rudd	Read Replies (2) \| Respond to of 78589

<<Why anyone listens to these rodents is beyond me.>>I find analyst reports useful since they often summarize issues it would otherwise take awhile to get from other sources. They offer a perspective and sometimes insights that can be useful. Of course taking analyst 'advice' verbatim is silly...the biases are well known. That said, I still find it pretty amazing how quickly an apparently reasonable forecast [as opposed to Henry Blodgett AMZN type call] can completely blow up. Cramer has asserted that analysts will be displaced by investigative journalists because of the bias and recent Enron, etc hits to credability. I would expect some [but not total] shift in that direction.