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


To: VegasMan who wrote (9247)10/2/1998 10:03:00 AM
From: jach  Respond to of 12559
 
what a genius bunch that worth every penny they made; OIMHO
a brain dead person can do this half sleeping;
upgrade when earnings report look good, downgrade otherwise



To: VegasMan who wrote (9247)10/2/1998 6:15:00 PM
From: Ling Chen  Read Replies (1) | Respond to of 12559
 
<<From yahoo: FORE downgraded by DLJ :>>

I don't know what those analysts do. They are sometimes are much
more stupid than you and me.

One example I personal have, around 2 months ago, PRMS announced
very good earning(quarterly report). I jumped in(purchased) 500
share at $22/share. After earning announcement, the stock kept
going down. When it hit $18, BT Alex Brown upgraded it(because
it went down from $30 something), I thought it should go back
to $20 level pretty quick. After couple of days very close watching,
I decide to dump it at around $19.(I took lose). Stock kept falling.
It all the way, went to $8 something. BT Alex Brown, same brokager
came out say "downgrade"

$18 upgrade, and $8 downgrade. Wasn't funny.
You all can check what I said in Yahoo web site.

"http://biz.yahoo.com/n/p/prms.html"
Compare the chart and date.