Can you trust analysts?

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Here is a piece of news that just came out:

New York, May 30 (Bloomberg) — Morgan Stanley Dean Witter & Co.’s Alkesh Shah, bullish on makers of telecommunications equipment during last year’s slide in the stocks, now says Nortel Networks Corp. and JDS Uniphase Corp. aren’t worth buying at current prices.

I will let you draw your own conclusions ….

Regards

Jean-Paul Giacometti

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