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To: Tony Viola who wrote (148248)11/15/2001 2:25:24 AM
From: Paul Engel  Read Replies (1) of 186894
 
We won't have Henry to kick around any more !

Blodget to leave Merrill Lynch

By CNET News.com Staff
November 14, 2001, 9:05 p.m. PT

news.cnet.com

Internet stock analyst Henry Blodget will take a buyout offer from Merrill Lynch, taking advantage of a buyout offered to nearly 50,000 workers, according to published reports.

Blodget couldn't be reached for comment. A Merrill spokesman declined to comment.

The package is reportedly worth nearly $2 million.

Blodget, 35, was catapulted into the spotlight when he predicted that shares of Amazon.com would soar to $400 in 1998. The Seattle-based e-tailer's stock did eventually surpass $400 a share.

However, he also took criticism about his stock picks, including Pets.com and eToys, both of which failed before they turned a profit.

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