“JMP Securities analyst Alex Guana got quite a bit of attention — as well as the honorary MarketBeat ‘Golden Guillotine’ award for sticking his neck out — earlier this week, with a rare downgrade of Apple to ‘market perform’ from ‘market outperform,'” Matt Phillips blogs for The Wall Street Journal. “He took a few moments to parry a few questions from MarketBeat via email.”
MarketBeat: Alex, thanks a lot for taking a few minutes. Just to give our readers a sense of your background you’ve been a tech analyst for a while, first at Banc of America Securities, then UBS and now at JMP Securities, is that correct?
Alex Guana: Yes, that is correct. Prior to beginning my career as an Analyst on Wall Street, I was an electrical engineer for a hybrid electric vehicle start up, for Toyota Motor Corporation (based in Japan for three years), and with IBM. It is from my Japan, IBM and associated TRW relationships that I first evolved some expertise in advanced materials used in cellular and fiber optic communications.
Read more in the full article here.
[Thanks to MacDailyNews Reader “Ellis D.” for the heads up.]
Another analyst dismisses Apple-Hon Hai downgrade theory – March 17, 2011
AAPL: Why did ‘The Most Valuable Company in the World’ drop like a rock? – March 17, 2011
Apple shares off nearly 4.5% as tech leads broad market retreat over Japan concerns – March 16, 2011
JMP Securities analyst downgrades Apple on Japanese supplier slowdown – March 16, 2011