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Technology Stocks : HWP -- Hewlett Packard
HPQ 26.64+2.7%Nov 5 3:59 PM EST
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To: w0z who wrote (4578)4/25/2002 8:52:19 AM
From: Elroy  Read Replies (1) of 4722
 
"No...it's evidence that he knows how it really works! Maybe you have not been paying attention to New York Attorney General Eliot Spitzer's subpoenas but there has been a lot of concern that the investment banking and equity research sides of firms are too tightly coupled."

You're comparing apples and oranges. I'm saying the guys in the investment management group of DB really don't place that much importance on DB's equity analyst opinion. The DB investment management guys value DB's equity analyst about the same as GS, MSDW, Merrill and every other brokerage house analyst. You're talking about the coporate finance and equity research relationship, which is too tight, I'm talking about the investment management and equity research relationship, which is not tight at all. Three different groups.

Elroy
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