Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: kumar who wrote (53902)	4/29/2003 9:59:47 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Kumar, Nobody has gone to jail yet due to fraudulent investment analysis. And it doesn't appear as if that will happen. However, there is someone (I think at CSFB) who has been criminally charged with obstructing justice during the investigation that is at risk of going to jail. On a separate note, I think it's interesting that so many people are mad at the analysts. For the people who bought into the market prior to the bubble, there wasn't any widespread anger at the analysts. Certainly they contributed as much as anyone did to cause the rising stock prices. Nobody was complaining then. Now that the market has tanked, lots of people want to blame it on someone, so the analysts are the target of that blame. Yet what moves a stock the most these days? In my mind it's still the comment of a sell-side analyst. --Mike Buckley