SI
SI
discoversearch

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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Darin who wrote (41423)12/4/1997 9:33:00 AM
From: Barry A. Watzman  Read Replies (1) | Respond to of 186894
 
>re:FYI, Best Buy is reporting killer earnings for their Q3

Yes, see my post about Best Buy from yesterday. Not unexpected; sometimes, you can tell what is going on better at the Malls and stores than at the brokerage firms.



To: Darin who wrote (41423)12/4/1997 10:22:00 AM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Best Buy is an example of how stupid Analysts can be. A couple of years ago Best Buy was 30 when the cutesy analysts like Dana Telsey decided that they couldn't make any money because they were giving no interest or payments for a year. She figured that Best Buy would never collect. (Never mind that the debt was sold to outside companies.) So everyone sold the stock down to about 8. Now all of a sudden the stock is worth 35. Never the less, the stock did go from 30 to 8 to 35...but was it ever worth 8? Probably not. And she still has her high paying job.
Jim