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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (27283)1/26/2005 1:03:52 AM
From: slacker711  Read Replies (2) | Respond to of 60323
 
There is no available data to explain the change in rating given by BS. It is simply playing a hunch, or more likely, trying to lower the price in order to buy for their own accounts.

You said exactly the same thing last quarter....it turned out that the analyst just made a good call.

Message 20632784

Reading the latest downgrades (coming just a couple of days before the latest earnings, at a time when there is virtually no corporate news, except for a new product announcement), I'm tempted to conclude that the downgrades are self serving--an effort to get the stock price down to a more interesting buying level.

Slacker