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

To: The Ox who wrote (20825)	10/10/2006 1:04:02 PM
From: niek	Read Replies (1) \| Respond to of 25522

re: Market calls by "analysts" don't have to be accurate. Similarly, we don't have to pay any attention to them. Last year, the biggest financial newspaper in The Netherlands held an investigation among Dutch investors/stockholders how they react on analyses of analists. The conclusion from the newspaper was that between 22% and 35% react in the way their analyst or account manager wants. They sell if there is a sell advice, they buy if there is a buy advice. It seemed that stockholders from tech sectors are more willing to follow their analist, than stockholders from the retail sector. That declares the big difference between 22% and 35%. Now about the semiconductor sector. I have to meet the first stockholder who knows exactly what ASML is doing for instance. They have absolutely no idea what's going on in the equipment sector, so they trust their analyst blindly and follow his advice. Of course 'we' don't have to pay any attention to analysts, but all these semi no-no's do indeed care a lot. I know, this investigation was not representative for all stockholders worldwide, but we have to deal with a lot of people who sell everything if their oracle speaks and says 'sell'. Niek