deltapi
join:2001-04-25
Memphis, TN
| reply to tomkb
Re: Of course they'll file
I guess what disturbs me, not just in this case, but across the spectrum, is the number of financial analysts who can make or break a company, yet understand little if anything about current technologies, be it satellite radio or chip makers, or Cisco. There's no "horizon" anymore, it's "show me the money" or they're sticking a toe-tag on the company. |
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Harddrive
Premium
join:2000-09-20
Norwich, CT
| Exactly! Its the boys on the floor down there on Wall Street that put a company in the dumps. "Lucent didn't make its numbers for 3 quarters and made the brokers look bad. Lets put them in the trash can for a couple of years. BTW, put the whole damn telcom sector with them for a while."
Its not how much money a company has, or what kind of stuff they are pushing. If the stock market wants them as a cheap stock or the opposite, they can do it in one day.
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Fortunately I keep my feathers numbered, for just such an emergency.-Foghorn Leghorn |
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deltapi
join:2001-04-25
Memphis, TN | Right on the numbers
You got it. What kind of buffer or protection does the average company have if the Lucent's, or Cisco's of the world can tank on the word of a couple of Wall Street "Analysts"?? |
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