Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (14470)	3/11/1998 2:08:00 PM
From: HH	Read Replies (1) \| Respond to of 95453

Paul, your story reminds me of another: Ogden Nash- What's the point of arguing? If you convince me, And I convince you. Would there still not be, Two points of view ? Ghost written by HH

To: Chuzzlewit who wrote (14470)	3/11/1998 2:17:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

Did you see Moneyline last night? They talked about one of my pet-peeves, overpaid and unprofessional analysts. Did you know that these guys get paid over $1 Million a year? And for what? To tout the stocks their bosses are trying to push. Please. Does anyone on this thread give any credence to an analysts upgrade or downgrade on a stock? Sure, it might move the price for a while, but does it change your buying or selling decisions? The only reason the analysts are useful at all are for earnings estimates. And even here they tend to be changed based on emotion or conjecture. Take some of the recent decreases in estimates for the deep water drillers by Merril Lynch because of "the decline in price of oil". These guys are supposed to be the experts, but often they are at best behind what the market already knows, and often just plain wrong. How long did it take those fools to lower earnings estimates for the disk drive makers? It wasn't until after the companies themselves lowered estimates. Even then they were slow to come around. And I was basing investment decisions on the numbers these "experts" provided. $1 Million a year, I can't believe that. Shouldn't someone who saves lives everyday get paid more? (A little melodramatic, but it makes you think doesn't it?) It's a good thing I don't care about money.