Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who started this subject	4/10/2002 12:13:36 PM
From: Kevin Podsiadlik	Read Replies (2) of 122087

Some worthwhile reading, I think, on our friends at the big bull (ML): oag.state.ny.us Excerpt: Thus, the public was unaware that while the internet group was contemplating a 3 (neutral) rating on selected stocks, internally they were saying amongst themselves that the stock was “going a lot lower,” that the company was “crap,” or a “dog". Nor was the public told that while the internet group was contemplating a 2 (accumulate) rating on a variety of stocks, internally -- and to selected institutional investors -- the analysts were saying that there was “[no] reason to buy more of” the stock and its business was “falling apart,” “[n]o reason to own” the stock, or that the group expected the stock to be “flat” over the next six months without “any real catalysts [for change]”. The public also was not told that the group internally disparaged other stocks rated 2 as a “piece of shit,” and “such a piece of crap”. (Thanks to David Brail at TSCM for this link.)

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