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To: Marc who wrote (12753)5/19/1999 12:19:00 PM
From: Piranha  Read Replies (1) | Respond to of 16960
 
Marc, let me explain the reason I post these. I post them because they are news in and of themselves, not because I take their word for gospel. I am very skeptical of the technical knowledge and personal interest in most analysts. If you look at my posting style WRT to these reports, it is mostly a cold, unbiased presentation of the facts. You will also notice I don't add any commentary as to what effect I think the content will have on share prices.

However, it would be foolish for anyone to think that these reports can exist in a vacuum with no effect on the markets. Issuance of a report WILL sway some people into buying or selling regardless of underlying fundamentals. The bigger the broker, the bigger the effect. We've all seen this happen with one stock or another.

So while an analyst report may not be a significant in its content, I feel that I should share the news of its issuance with the board so they can factor its potential effects into the price action.

Piranha