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Politics : Formerly About Applied Materials

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From: Kirk ©	11/15/2001 9:11:40 AM
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Henry Blodget, "King of the Internet", to leave Merrill Lynch This dangerous to your wealth analyst is leaving ML on a reported $2M severance package to write a book about the internet. Story: suite101.com "Blodget's first taste of fame came as an analyst at CIBC Oppenheimer where he predicted shares of online retailer Amazon.com Inc. would hit $400. The stock had been trading at $240 at the time of the call. It closed Wednesday at $9.49 on the Nasdaq." and "Through all of 1999 and well into last year, Mr. Blodget advised investors to buy virtually every stock he covered. Boyishly handsome with a charmingly casual manner, he became a fixture on CNBC and in the financial press, making the case for companies that were losing lots of money selling diapers or dog food over the Internet." I sure wish I could find a job like that. Give WORTHLESS advice for several years while collecting over $10M a yr to do so then take a hike for another $2M and write a book about it. This guy may replace PT Barnum in popular lexicon. Kirk (green with envy) out

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