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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (20378)12/23/1998 10:16:00 PM
From: Jenna  Respond to of 120523
 
Catalogue retailers: MZON.. Analysts will have to 'clear their heads' and come to grips with the internet revolution.

In the midst of research both technical/fundamental on some catalogue retailers I came across one of the most reputable 'brokerages' you ever want to meet. They gave MZON a 'sell' and 0 ranking.. an unattractive... I never even saw a 0 before. Of course I'm sure they will rush to correct this.. On the other side of the continuum another analyst in his haste gave out a 'buy' signal this evening on MZON but failed to change the results of their last analysis so it looked like this: MZON has well below average safety with well below average upside potential. It reflects a stock which is likely
to give well below average, inconsistent returns over the long term. yet it got a buy signal this afternoon.. Please don't private e-mail me because I wouldn't want to give out information that could lead to embarrassment for the company/analysts involved and the rest you can understand, but just note this in your own DD.