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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ)

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To: rrufff who wrote (641)2/6/2003 8:36:07 PM
From: StockDung  Read Replies (1) of 838
 
"Ask Jeeves is another case in point. Although Morgan Stanley Dean Witter took the company public, it lost out on the secondary to Goldman Sachs . Not a pretty sight. As a result, Morgan Stanley's analyst Mary Meeker, who had put an Outperform on the stock last October, suddenly clammed up, leaving it to Goldman Sachs to pump up shares by putting Ask Jeeves on its own recommended list. In fact, Morgan Stanley's most recent research report didn't even have Ms. Meeker's mighty name behind it, instead listing a Morgan Stanley associate as the source."
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