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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.26+1.6%12:57 PM EST

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To: Bill Harmond who wrote (100237)4/12/2000 8:29:00 PM
From: Sam Citron  Read Replies (3) of 164684
 
>>What does it mean that "only fools heed the calls of sell-side analysts".

Translation:

Buy Recommendation = "My really big clients are swimming in this stuff and need to raise cash quickly."

Sell Recommendation = "Now that all the bad news is out, let's see if we can bring out some bargains."

Sell-side analysts can never escape the conflict of interest
caused by their attachment to the investment banking side of the business.
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