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To: Ibnbatutaa who wrote (2227)5/14/1998 9:03:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 4722
 
Ibn..., you don't really expect investors to research and actually think before buying stocks, do you? We all know that analysts earn their big salaries and bonuses by being right all the time. We also know that "the market knows", right? Just over the last three days, there were a number of posts here saying things like "I can't believe the way this stock is moving - someone must know that earnings will be way ahead of the Street."

All this whining about manipulation and threats of lawsuits really is quite ridiculous. Play the mo mo game the week before earnings - taking the advice of "analysts" who go from "who cares" to "all aboard" after a 25% run rather than before - and you stand a good chance of getting burned.

What will we hear when this mania finally ends and most of the market craters?

Regards,
Bob