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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Steve Byers who wrote (18276)	3/29/1998 1:13:00 PM
From: stockycd	Read Replies (1) \| Respond to of 70976

Steve, When dealing with money, I think people will do whatever, whenever, to get more of it. Just my opinion, CD

To: Steve Byers who wrote (18276)	3/30/1998 8:07:00 AM
From: cooksbay95	Read Replies (1) \| Respond to of 70976

From: Steve Byers Saturday, Mar 28 1998 10:09PM EST I can't believe this post.... ie, an analyst upgrades a stock because he wants the stock to go up... and downgrades it when he wants it to go down STEVE ... believe it ... well known ... not just cynicism

To: Steve Byers who wrote (18276)	3/30/1998 1:43:00 PM
From: richard w allgaier	Respond to of 70976

Sure, like which came first,chicken or egg. You don't seriously believe those analysts work for the individual investor(who has nothing to do with paying their salary) while the firms who do pay their salaries receive the same information AFTER individual investors. Using that strategy there isn't much chance for them to play market maker or load up their "preferred buddies" before the little guy gets his shot at the stock. I don't know haw many times I heard a broker say "Sure, our analyist recommended we buy that stock 3 months ago@15 and now that it's trading at 22 now its time to sell to the little guy, because now the stock is on a "breakout". In laymans terms,NOW THAT WE'VE MADE OUR MONEY ON IT NOW YOU CAN GET IN.