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To: Duane L. Olson who wrote (8102)12/2/1997 11:24:00 PM
From: golfinggramps  Read Replies (1) | Respond to of 25814
 
Duane: Not going to try to top that story but if you hurry down to the newstand and pick up the latest copy of Forbes, you can read some real good stories about analysts. I was really surprised in reading the little verse, 4 pages, about the analysts, how many of their recommendations seem directly related to whether their company may handle the upcoming stock offering, bond offering or IPO.

Left the article at the office or would post some quotes. Pretty EYE-POPPING information and after reading the last thirty or forty posts to this thread, you should make this a mandatory reading project for all the Knights and Knightesses.

Silent Knight



To: Duane L. Olson who wrote (8102)12/3/1997 12:44:00 AM
From: Franklin M. Humphreys  Read Replies (1) | Respond to of 25814
 
>>>Also, I'm trying to
build a somewhat diversified portfolio (that, as I understand it, is the<<<<<

DLO, I suppose that was an attempt at humour on your part, yet knowing that many true things are said in jest, may I recall for you the words of the OOO? (Oracle of Omaha) Goes something like: "diversification is for those who don't know what they are doing."
Just trying to be helpful.
Frank

ps I see my slow typing has allowed you time to respond to my earlier post. Thanks for the support.



To: Duane L. Olson who wrote (8102)12/3/1997 1:58:00 AM
From: uu  Read Replies (4) | Respond to of 25814
 
Can someone tell me how is Nasdaq index computed each day?! I am totally confused as how can possibly Nasdaq be considered as a high tech index (or at least considered as heavily dependent on high techs) and yet for it to be off from its high only about 5-10%?! You pick any high tech stock (and I mean any high tech stock with the exception of Microsoft of course) and you will see it is down at least 25% from its high only about 2 months ago! In most cases high techs are down as much as 50-80%! So how can Nasdaq be off by only about 5%?! Surely the index is not just composed of Microsoft, or is it?!

Regards,

Addi Jamshidi