Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SirVinny who wrote (99009)	2/14/1999 10:12:00 AM
From: Patsy Collins	Respond to of 176387

govies are only risk-free if you hold it to maturity.... there is, like equities, market risk. just look at the last 3 weeks.

To: SirVinny who wrote (99009)	2/14/1999 6:18:00 PM
From: jbn3	Respond to of 176387

Vince, Perhaps I misunderstood you, then. I read your original post as complaining about your thousands of dollars of losses based on an analyst downgrade, which you seemed to think might be an actionable item as an attempted manipulation. I tried to make two points. 1) It is an analyst's business to analyze and report on stocks for his consumers, be they the general public or the partisans of a particular brokerage. A good analyst would try to give his consumers his best take BEFORE a critical event such as earnings announcement. A great analyst would do so... and be correct. So, although I do not rule out the possibility that the downgrade may have been a manipulation attempt, it could well have been a serious effort by an analyst to protect his consumers. With the large number of analysts currently following DELL, it is unlikely that they will all always agree. So we should expect upgrades/downgrades and accompanying price fluctuations. 2) It is up to the individual investor to determine whom to believe and why, and make his investment decisions accordingly. With due diligence, one can make surprisingly economical investments in some excellent stocks, simply by waiting for some analyst to step in it. DELL is a case in point. If you believe that earnings will be excellent, and that there is a good chance of a split, then you should welcome the opportunity to get in about 12-15 points below where it was a week ago. Without knowing the positional holdings of the brokerage houses of the analysts in question, I don't know of a good metric for 'agenda'. If one were able to determine that the analyst issued a downgrade and the brokerage was using the opportunity to buy up several million shares, that would contain the aroma of hydrogen sulfide. IN ANY CASE, their prediction will be fully evaluated by the market on Wednesday morning.... And if they were wrong, we won't have been hurt, but will have been given an unbelievable opportunity. If they prove correct, we all should have listened. DELLish, 3.