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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Kailash who wrote (17233)1/28/1999 10:04:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 18691
 
That analyst has no concept of risk/reward analysis. The rare analyst that does discuss risk is not listened to these days.

I just recently read another article on how worthless 'analysts' are these days. Only after a stock plummets the downgrades come from many of them. Look at OXHP. Exactly one analyst out of a dozen or so read enough into the financials to know disaster was coming. Only after the stock fell off a cliff the other analysts woke up.

I see AMZN had to dip into the cash well for another half billion. Eventually investors will stop liking that kind of action.