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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (21741)	3/17/1999 3:16:00 PM
From: Land Shark	Read Replies (2) \| Respond to of 122087

Hey, my boring picks make me money... I get all to often burned on the volatile ones.

To: Anthony@Pacific who wrote (21741)	3/17/1999 3:37:00 PM
From: surelock	Read Replies (1) \| Respond to of 122087

check out the spread on BRXX!! And you thought the grand canyon was wide! SH

To: Anthony@Pacific who wrote (21741)	3/17/1999 4:34:00 PM
From: Wolff	Read Replies (1) \| Respond to of 122087

Explaination to CYOE's "Yahoo Rating and Ranking", excellent information found posted by Amazed_by_it_all Yahoo! uses Zack's "average" or consensus recommendation for the rankings. Therefore, since the average recommendation for CYOE is a strong buy (or 1), then CYOE is ranked with the (as of this moment)11 companies within the Telecom equipment sector with that average ranking. Rather than listing 11 companies at the same "rank", Zack's further segments the rankings by the number of analysts who contributed to the ranking. So, the company which is ranked #1 (INTL) above the two companies which are tied at a ranking of #2 (ACSC, TTN) is considered higher because 6 analysts issued an average of 1 (i.e., all call it a strong buy) versus 4 each tracking the latter two companies. The five remaining companies with an "average" recommendation of "1" have only 1 analyst tracking each of them. Therefore these five companies share the #4 ranking slot. The next ranking group starts with an average of 1.2 and is given the #9 ranking. This is the process used to calculate intra-sector rankings and why CYOE, with a single analyst (who is with a market maker in CYOE) issuing a strong buy recommendation 2 quarters ago, is in the top 10 on this list. IMHO, unless a consensus recommendation has several analysts (after eliminating the market makers because their recommendations are suspect), these rankings are pseudo-science and meaningless. I know, I know, given my history of support for CYOE it's hard to figure out why I think that. My views regarding CYOE aside, as a statistician, this ranking approach is seriously flawed when evaluated for making investment decisions.