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


To: vegetarian who wrote (27)12/24/1997 12:24:00 AM
From: Dan Ross  Read Replies (1) | Respond to of 62
 
TOO MANY ANALYSTS ARE JUST DAMN REPORTERS!!!!!!!!!!!

It irritates me to death........These people don't realize that people pay them, and will pay them MORE, to give credible, timely, insightful information about the industries/companies they follow.......some do a horrible job and others do a great job.....

Those recommending AOL right now should be taken out and SHOT in front of a firing squad....NO WAY IN HELL IT SHOULD sell for $90 -$110 as many analysts are setting for their target prices...ABSOLUTELY NO WAY!!!!! $20-$30 MAX.....And that's stretching it!!!!! SHOW ME EARNINGS.....they didn't in '94, '95, '96,.......All of a sudden they will make $2.00 +? I don't think so!!!!!!

I honestly am attempting to find a job as an analyst right now.....I know the telecommunications industry quite well and I am currently learning more about data networking to add to my arsenal of technology "know how"......

One final point..... Most of these guys/gals WANT TO BRING IN THE I-Bank deals!!!! That is where they can make some serious BUCKS in bonuses.....Guess what folks....when you piss off the CEO/CFO of a company by downgrading their stock and reducing their net worth your odds go straight out the door IMMEDIATELY!!!!!!!!

Take care

Dan Ross



To: vegetarian who wrote (27)12/24/1997 2:09:00 AM
From: Sonki  Read Replies (3) | Respond to of 62
 
Yes, find me an analyst that recommends a buy when the stock is low and every one else is NOT recommending. Simple mistakes is one thing but manipulating is another. i do not know how to go aabout making such a list.

Prudential - i have notieced the same thing. They said AMD is going to $90 when it was all time high or 45.

ML : below when wcom was 37 now where is ML?
37 3/8 -11/16: Merrill Lynch reiterates its near-term
"accumulate" rating on long-distance carrier; says that if pooling of
interest accounting is possible in acquisition of MCI Communications, it could increase
1999 EPS by an additional $0.24 a share.....

so scrap ML, prudential. Barrons is another manitpulator.