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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Fred Levine who wrote (5826)3/12/2003 10:21:37 PM
From: Gottfried  Read Replies (1) | Respond to of 25522
 
Fred, suspicions confirmed >Rather than doing any real analysis, a lot of analysts seem to take the midpoint of the earnings range the company announces, add or subtract a penny, and call it their own. That method is conservative. Most companies set up targets they can easily beat by a penny a share, which is designed to send their stock higher when they report their results.< [snip]

"Analysts take the coward's way out
Commentary: It's safer to be wrong than to stand out"
cbs.marketwatch.com

Gottfried

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