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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (4304)	1/5/1998 11:35:00 AM
From: Gottfried	Respond to of 10921

DFR, > but we should always understand the role of that research and "add salt as required".< Words to live by! GM

To: dfloydr who wrote (4304)	1/6/1998 1:14:00 AM
From: John Chalker	Read Replies (1) \| Respond to of 10921

Floyd, I agree. Truer words were never spoken. <<My experience over 27 years is that research is relegated to a secondary position it is there to generate support for underwritings and trading activity but it sure as hell better not get critical of a firms underwritings or any stock held in size by the trading department. In otherwords, Wall Street research is more properly characterized as fluff or bait for the real game.>> 15 years on the sell side before moving to the buy side. I'll step out on the limb, before the INTC earnings report on Jan 13th no less and state for the record; I think that the lows in these stocks were put in on Dec. 12th. Sorry I can't ring the bell for all to hear. Time will tell. Chalks