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To: Gary Ku who wrote (7491)1/9/1998 10:38:00 AM
From: Mr. Miller  Respond to of 213173
 
Thanks for the responses. As with anything else, I am sure it happens, but is too tough to police. However, if a house bought a block of say 500,000 and then recommened upwards, I guess that would be blatant.

Nevertheless, it happens, just like insider trading happens, but who is going to catch it with so many trades taking place. I mean, if my broker gets preferential treatment from a small cap that is about to announce big news, and he knows what it is, I buy a couple thousand shares, and then sell after the announcement(perhaps not immediately). Who is going to catch that trade out of a couple million shares traded before or after? Not many. I am not saying do it, but it happens. So, I would not doubt there is bending of rules in upgrades and downgrades.

As far as upside potential, soup, you may be right. And if you are, we should see slow movement back up, obviously. There are good moves being done, and I am impressed right now, but watching closely every chance I get. I will be ready for the 10-Q!

Miller



To: Gary Ku who wrote (7491)1/9/1998 11:22:00 AM
From: James Yu  Read Replies (1) | Respond to of 213173
 
To All,
I don't have any bias towards to analysts and I would like all of members of APPL thread to read the article, "Wall Street Blues" - "What motivates security analysts to raise or lower their assessment of a high-tech stock? Is there an inherent conflict of interest in what they do for a living? And how do companies navigate the minefields of Wall Street? A thought-provoking look at the sometimes-strained relationship between Wall Street and Silicon Valley."

eb-mag.com

Best wishes

James