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To: sea_biscuit who wrote (9634)2/9/1998 10:07:00 PM
From: uu  Read Replies (1) | Respond to of 25814
 
> resulting in a growth of seven percent versus its previous forecast of 17 percent growth...

No wonder the Psychic Friends Network went out of business! I mean, how can anyone believe these predictors anymore?! Jumping from 17% to perhaps 15% would have been more believable than all the way to 7%, or vise versa if they originally had predicted an 8% demand and now changed it to 7%, one (at least I) would have believed in their techniques a bit more!

On a seperate note I just found out that the ex-psychics who worked at the Psychic Friends Network now work at the big famous brokerage houses (such as H&Q, Morgan Stanley, Goldman Sachs, ...). The responsibilites are more or less the same as before except now they have a fancier job title as stock analyst, or Market analyst!