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

To: Sonki who wrote (22)	12/23/1997 5:34:00 PM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 62

Good Afternoon Sonki, Nice topic, However when I tried to get feedback on a similar topic several months back I received little input since the stock market was making news highs and the now beatened down tech stocks were on everybody's desired list. My topic then was Are Stockbrokers and brokerages houses honest or are they trying to manipulate the markets?. I have arged on the thread almost daily how market movers are like vultures seizing on every opportunity to make a quick buck on fear and greed. The game is all fixed and the outcome is pretty predictable . It does not favor you and I but puts large money into the pockets of all the sleaze opportunist who care only about one thing, making an easy dollar. Frank

To: Sonki who wrote (22)	12/23/1997 9:12:00 PM
From: vegetarian	Read Replies (2) \| Respond to of 62

Sonki, My suggestion for making it useful is based on the following considerations. -I don't expect fundamental analysts to be right often (or for that matter it would not bother me even if they were never right). -THere are too many analysts+brokerage houses to track, so it would help to list the real good ones and real bad ones and not bother with the mediocre ones. -We need to find a criteria to differentiate real good and real bad analysts and in many cases it comes out quite clearly and folks on SI can suggest cases based on their experience. for example, Prudential folks have been consistently bad and have recommended overhyped stocks like AOL in the current environment plus have other horror stories. My experience is similar with UBS, and Furman Selz (who recommended ASND as strong buy when everyone was downgrading them after they filed 8K and before the earnings and now recently recommended AOL). I think it would be useful to know the ones who try to manipulate the stock and the honest ones who make a convincing case. We can keep a running list of such folks for ready ref so that when anything comes out of them we know how to interpret it.