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Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?


To: Valery Portnov who wrote (1360)3/4/1999 11:13:00 AM
From: michael  Read Replies (1) | Respond to of 3187
 
biggest dog on NYSE...keep away and don't get burnt like the rest of us.......will file for chapter 11 within 6 months....the street knows what the truth is, a sh.. company with sh.. management



To: Valery Portnov who wrote (1360)3/4/1999 12:29:00 PM
From: James Yu  Respond to of 3187
 
I quote a passage from Bloomberg news about a very famous analyst Tom Kurlak (was an analyst of Merrill Lynch) on Feb 12, 1999. we will see how the analyst moves the stock price.

"Investors (money managers, mutual fund...) still listened to him, though, because Merrill's 16,000 brokers can promote their analysts' research to clients, making a stock rise or fall."

The question here: Who Really Moves the Stock Market? If you read the Fortune Magazine (1997 issues), you will find out the answer.

Best wishes

James