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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.41+1.6%Nov 10 3:59 PM EST
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To: Skeeter Bug who wrote (93445)2/12/2000 11:43:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
From Bloomberg:

"The SEC chairman also warned investors to be wary of
recommendations from Wall Street analysts, who increasingly have
financial incentives to make positive comments about companies.
Many of the analysts' firms have, or are seeking, investment-
banking relationships with the companies under review, Levitt
said.
``You can imagine how unpopular an analyst would be who
downgrades his firm's best client,' Levitt said.
"
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