The Inane Posturing of Analysts

I think Paul Kedrosky is exactly right in his assessment of the latest round of foolishness over the potential value of MySpace, and I’ll cop to a distinct queasiness seeing Henry Blodget’s screed atop the topic on Techmeme – the uneasy sensation of a compulsive and sudden need to bathe did actually cross my mind (“On its current trajectory, in fact, MySpace could end up being worth a lot more”?? Yes, and if things keep going up they could get higher). To Paul’s note I’ll add the thought that all that this nonsense ever tells me is that an analyst is for sale; where it ends tells me for how much.