Tuesday, January 8, 2008

Being optimistic keeps an analyst in the good books of management

Read between the lines on analyst-speak

With coverage of the stock markets expanding sharply, ‘analyst’ reports and recommendations are now widely available to every lay investor. But should investors take these sound bytes at face value?

Maybe not, observes Mr Siva Nathan, Associate Professor in the School of Accountancy of Robinson College of Business, Georgia State University, US. He feels that full service brokerage firms (firms that offer complete advice) have transported their US model to India and this brings with it several problems.

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