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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.40+2.0%10:07 AM EST
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To: Eric Wells who wrote (110488)10/14/2000 4:29:29 PM
From: Bob Kim  Read Replies (1) of 164684
 
individual investors have relied on investment banking and brokerage firm analysts to do their "research" for them

Eric,

I think a lot of individual investors have relied on reporters' interpretation of analysts' research and because a reporter writes a story about it, it is assumed that the info is credible and accurate. The problem snowballs when other writers base their stories on a second-hand or third-hand sources and so on.
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