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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Satyr who wrote (17287)	2/12/1998 10:50:00 AM
From: williet	Read Replies (2) \| Respond to of 97611

Yes, the analysts are just that stupid. They look at what is in front of their face and nothing more. They are stupid, stupid stupid. I am a small investor and I have learned through the years that stock analysts prime job is to buy and sell equity for their clients at the optimum time, not do critical analysis of companies. Look at STUPID KURLACK, from ML he is the biggest baffon of all, with his latest call on INTEL. THey are paid to get their clients into equities, by using the greed and fear factors to their advantage. They are not concerned about what they print just the correct reaction for their clients. This is the way the game is played, get used to it. Analysts, by and large are baffons plain and simple. I have always used them as a contra-indicator. Believe me, WSJ is an excellent contra-indicator. IMHO. williet

To: Satyr who wrote (17287)	2/12/1998 11:26:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 97611

Call it 'poetic license'. If you think I am going to sit here and take whatever these 'pundits' dishes out,you got another thing coming. If that were to be true then I would have been a disciple of Tom Kurlak long time ago or at the very least a loyal customer of a Full Service Broker for that matter. You are right in that they didn't say exactly that 'CPQ bought DEC to mask their cost-cutting problems' but the deal masking some devious accounting scheme was ever present. There was another article in similar vein in Forbes magazine by one Mr.Om Malik (i think)about Intel. His contention was Intel came up with and extra 0.07 or so in earnings last quarter by resorting to some accounting tricks one of which,he alleged,was that Intel bought back some shares.Intel has been buying back shares for the last couple of years worth billions of dollars and to claim this exercise is some accounting trick is beyond me.If it is a trick I must say I like this trick,I wish more of them resort to such accounting tricks. Now to come back to CPQ, the caption read: Heard on the Street: Compaq Deal May Mask Problems in PC Business If this is not sinister and malignant,I don't know what is and I ain't going to take it any more. <gg> PS: You do get the feeling I don't like analysts,don't you?? By the way I don't subscribe to conspiracy theories,period.