[Am-info] "Analysts" to the rescue

[John J. Urbaniak]

Amazing!

MSFT announced earnings yesterday which came in 2 cents *below*
expectations.

I watched the stock plummet - down $2.50, then $3.50, then $4.50.

Then Merril Lynch, Goldman Sachs, Gartner Group, Dataquest, etc.,
stepped in and said things like "Well, if you exclude X-BoB and ignore
investment losses, and ... Microsoft actually 'beat the expectations.'"

Obviously these "Analyst" firms have enormous exposure to Microsoft.
It's in their fiscal interest to boost the stock price and to not let it
fall.

If you exclude my mortgage, food, electricity and all the other payments
I made last year, I made a lot of money too.  Duh!!!

MSFT is now *UP* about a buck from yesterday's close due to those
"analyst's" comments.

This is Enron**2.  MSFT still sells at a p/e of over 55.

Many  people are going to get hurt very badly when it all comes tumbling
down.

Elliot Spitzer, where are you?

John