Google To $2000/Share? Somebody Muzzle Blodget

October 2, 2007 7:40 PM | Permalink | Comments (1)

Michael Arrington on what we all have thought about analyst predictions at one point or another.

Google To $2000/Share? Somebody Muzzle Blodget: "The problem is that Blodget, like all analysts, build authoritative sounding but essentially bullshit predictive models to back up whatever prediction they’ve just pulled out of their ass. "

(Via TechCrunch.)

1 Comments

By Greg Linden on October 3, 2007 10:30 AM

Awesome quote. Mike nailed it.

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