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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (21301)	11/5/1997 6:37:00 PM
From: sepku	Read Replies (2) \| Respond to of 61433

Addi, you are paranoid! The entire analyst community is not out to get you, me, or the girl nextdoor. Sure, some may be crooks, but what profession doesn't have any? Analysts cannot make chronically bad calls (opposite their intentions) or they would be unemployed. The problem is that analysts try to forecast the future through educated guesses, just like you and I. I mostly ignore them because I'm capable of my own analysis...unless they offer a report on how they came to their conclusions -- which is why I prefer the opinions of my fellow investors, who usually explain their viewpoints. If you really believe what you say, you should have known to get out of the stock when all the analysts were upgrading in the high-40s and 50s. So, relax! Style Pts.

To: uu who wrote (21301)	11/5/1997 6:58:00 PM
From: sea_biscuit	Read Replies (3) \| Respond to of 61433

Addi: You seem to be implying, if not claiming, that analysts are perfect contrary indicators! My feeling is that analysts are usually incorrect, sometimes inept, oftentimes dishonest and almost always unreliable. Yes, they are unreliable even as contrary indicators! The best course is to have one's own valuation parameters and follow them strictly, and simply disregard whatever the analysts say. Give their statements and pronouncements zero importance! Period.