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Pastimes : Analysts Exposed- Jamie Kiggen (DLJ)

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To: Brasco One who started this subject2/20/2001 11:24:43 PM
From: Julius Wong  Read Replies (1) of 263
 
David dreman in Forbes, March 5, 2001
forbes.com

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Meeker, often called the Queen of the Internet, earlier this year still recommended 11 Internet stocks as "outperform." They are down an average of 83% since the spring, but that in itself doesn't make them cheap. Blodget, a god in the Internet world since his prescient 1998 forecast of a big Amazon advance, is still plugging for that online retailer, which has taken a 77% dive from its high in December 1999. The reasoning of the undaunted Blodget in touting this and other fallen tech angels: "The industry has passed its low point." In other words, blue skies ahead.
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