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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 157.33-5.8%Jan 9 9:30 AM EST

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To: treetopflier who wrote (259)12/12/1998 7:11:00 PM
From: Trader Dave  Read Replies (1) of 717
 
why the merill analyst loves mstr.

Let's see first high profile tech ipo for merill in a while. 10% to 15% of the proceeds from the ipo get allocated to analyst bonus pool. so it was what? a $40 million ipo, merill got 50% of the deal as the lead? 7% of $20 million is $1.4 million. so that's a $210,000 bonus. more importantly, if they can keep this promotional piece of nonsense propped up long enough for a secondary......

and you thought investment brokerage analysts were solely motivated to make money for individual investors.

td
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