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To: lml who wrote (4539)12/17/1997 2:21:00 AM
From: GS_Wall Street  Respond to of 19080
 
Do the analysts have a rating system? Do they get credit for issuing a sell recomedation just before the opening when a stock is down big. Thus there rating shows them issuing a sell at 32???? They when the stock is been taken to the cleaners they issue a buy. Do they get credit for catching the sell off even though there is now way to actually trade out of the stock at 32. I think these analysts are idiots mainly.

>>It's called herd mentality. The analysts are no different from the rest of the herd. Though at the forefront, they too follow the daring few who are willing to standout from the herd, whether such daring prognoses are correct or not.<<