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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (10917)	8/9/2003 11:31:26 AM
From: Gottfried	Read Replies (1) \| Respond to of 95738

RtS, meeting expectations: I guess the rationale is as follows... 1. analysts estimate earnings 2. investors trust analysts' estimates and value stocks as if analysts' estimates had been achieved 3. analysts change estimates up or down and investors adjust stock prices accordingly by selling or buying 4. company releases earnings 5. if analysts' estimates are met, analysts say "not surprising" proving how smart they are; if estimates not met, analysts do not admit overestimating earnings, but simply downgrade stock. PS: I renewed StockCharts Extra but not Murphy. His market opinion was added free last year, but now costs extra $. Murphy is a good chartist but misses in interpreting VIX. He doesn't go back far enough. stockcharts.com Gottfried