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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Mark Duper who wrote (38327)10/17/2000 10:13:27 AM
From: Proud_Infidel  Read Replies (1) of 70976
 
Speaking of AnalCysts, there is an eye-opening article in the Oct.30th edition of Forbes(page 274). It shows what it is like for a small company to try and get coverage by WS brokerage firms. And these guys are supposed to be professionals, who render an objective opinion. LOL

Excerpt:

That placement can cost you. One 200 Best Chief executive who requested anonymity recalled a pitch meeting with an analyst during which an investment banker demanded a $100,000 annual retainer to initiate coverage. "I could have hired another engineer, with benefits, for that fee," he says. "I told them to get lost."
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