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Technology Stocks : Analyst Bashing (intc orcl mu amat csco) -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (1)	12/22/1997 7:52:00 PM
From: Sonki	Respond to of 62

ML and Goldman Conspired... investors and about two dozen Nasdaq dealers are negotiating a $900 million settlement to a class-action suit that claims firms rigged prices on the Nasdaq Stock Market. The suit was filed by investors in 1994 against 37 firms, including Merrill Lynch and Goldman Sachs, claiming they conspired to keep trading spreads of stocks overly wide from '89 to '94.

To: Sonki who wrote (1)	12/22/1997 8:21:00 PM
From: uu	Read Replies (2) \| Respond to of 62

con-artists (i.e. analysts) recommendations: Strong Buy: Our big shot clients who want to get out of this stock badly now, and we mean NOW! Buy: Our big shot clients want to get out of this stock but they are not in a rush. Hold/Marketperformer: Our big shot clients are anxious to get their hands on the stock badly. Sell: Our big shot clients want to get their hands on this stock now, and we mean NOW!! ********************************************************************** A classic case of how these con-artists operate: Late September/early October 1997 when SUNW was trading at around $46/shr: Prudential calls SUNW The best signle investment idea of 1997, if not the century!. The stock goes to $52/shr in a manner of 3 weeks and comes back down to the $43/shr range. Sun reports its earnings, and it is 2 cents below the estimates. The stock is hit badly and goes all the way to the $33 range. Prudential calls SUNW a hold/market performer and dead money for the next 6 months! The Stock then goes to $31 range. A week later SUNW starts to climb to the $40 range again. 3 weeks later with SUNW At $38 Prudential calls SUNW a Strong Buy again and sets a $60 target price in 8-12 months! Regards, Addi Jamshidi