jtara - 5:10 pm on Aug 21, 2006 (gmt 0)

this thread is a waste and I couldn't care what Mr Peck says about this.

Perhaps YOU don't care.

But it's pretty unusual for a firm such as Bear, Stearns to be so negative in it's analysis. The tradition on Wall Street has been "if you don't have anything good to say, don't say it".

When they say something this negative, it is significant.

I'd like to see the full analyst's report, though.