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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: gpman who wrote (8663)3/30/1999 11:47:00 PM
From: Naggrachi  Respond to of 10072
 
>>So what good is an analyst who dowgrades a stock after it has been cut in half?? It is certainly a better buy at 4 7/8 than 10!! Didn't Emerald upgrade IOM when it was trading at 10?? This must be a good time to buy!! What a joke!!>>

You think that was a joke, try this. KO warned after market close yesterday. Today, Goldman sachs removes it from it's recommend or some other list they have. So what happens if I bought KO two days ago and sell today for a loss? If Goldman did it's research like it's suppose to do, shouldn't they have downgraded KO a while back? What good is it after the fact? Who's getting paid the big bucks here?

I honestly think the downgrade is a sign of the bottom and a reversal soon. What do they call that? Crapitulation or something to that effect.

Zead