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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Peter Singleton who wrote (42290)	1/5/1999 1:59:00 PM
From: Merritt	Read Replies (2) \| Respond to of 132070

Peter: Nice post. I used LJPC because I felt the excerpt I quoted from the research report provided a model that was in general use by the industry, and therefore would be of illustrative value. I agree with you about LJPC being pretty much a one-trick-pony, and therefore very speculative. I've also spoken with the company, on occasion, and I've found them to be a young, enthusiastic group. I can see how their enthusiasm could lead one to feel they could be misleading, but I don't agree with that opinion. I don't have much confidence in most brokerage recommendations as, like you, I think they have a bias according to their company's position. They do have a market impact, however, so they shouldn't be dismissed. You brought out some good points, maybe if we get a few more thoughts we'll be able to get CB thoroughly confused.<G> Best regards, Merritt