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Author: thomasoa Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1173  
Subject: Re: Stupid Analysts Date: 7/21/2000 9:11 PM
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Problem with blacklisting is that this analyst regularly has been saying *positive* things about MACR. For example, I think it was a Piper Jaffrey report which set a 6-month price point of $110 in the spring, when all was dire. If you denounce this analyst as stupid, then that number is just another number from a "stupid analyst."

When that "stupid" analysis came in the spring, it boosted the price, and all us holders cheered. We can't now say, "stupid analyst" when that same person makes a call we don't like, or if the market reacts stupidly to one analyst's downgrade.

It wasn't the stupid analyst, it was stupid MACR holders who sold. And we'll see just how stupid they are (or, just maybe, we are,) in the future. If you are an investor, rather than a speculator, this doesn't change anything - the company is the same, just some stock-holders lost faith. Definitely ask why, but once it turns out to be nothing fatal, just speculators running away, well, leave it be.

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