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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (53638)	3/16/1999 11:21:00 PM
From: Kenya AA	Read Replies (1) \| Respond to of 97611

NW: While corporate managers usually will not debate an analyst's rating – opting to silently brood and withhold access – they will, however, haggle over estimates. Analysts usually acquiesce because corporate managers presumably have better insight into the company's numbers and fear they will be ostracized. Meanwhile, the analyst's estimate is probably closer to the real number than it would have been without the insider nudging, management gets to influence the estimates, the music on the trading desk keeps playing and everyone dances. I think Earl needs to take haggling classes. K