Accel-KKR HEAR Proxy Fraud? Message Board

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Technology Stocks : Accel-KKR HEAR Proxy Fraud?

HEAR 17.47

-0.3%

Jan 6 3:00 PM EDT

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To: esecurities(tm) who started this subject	8/4/2001 12:09:59 PM
From: esecurities(tm)	of 13

(Reuters) "Lawsuits Target Tech Companies, Underwriters" "...Some of the underwriters named in those suits include Goldman Sachs (NYSE:GS - news), Morgan Stanley (NYSE:MWD - news), Salomon Smith Barney and Credit Suisse First Boston. Investors -- who have seen their technology holdings fall sharply in value over the past year -- also have been targeting analysts with allegations they issued misleading research reports, which supported companies that hired their firms for lucrative investment banking work and other business. Earlier this month, Merrill Lynch and Co. (NYSE:MER - news) paid $400,000 to settle allegations that excessively bullish research from its top Internet analysts, Henry Blodget, caused a New York pediatrician to lose $500,000 earmarked for his daughter's college tuition. Morgan Stanley analyst Mary Meeker -- who was once dubbed ''Queen of the Internet'' for her bullish calls on eBay Inc. (Nasdaq:EBAY - news) and Amazon.com Inc. (Nasdaq:AMZN - news) -- is among the other analysts now being targeted by investors and their attorneys..." Source: 3 August © 2001 dailynews.yahoo.com

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