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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (21364)3/30/1999 10:17:00 AM
From: kathyh  Read Replies (2) of 90042
 
Hi Glenn, I know you like IPO's... here is something on PCLN from Kimberly's thread...

To: star56 (639 )
From: Kimberly Lee Tuesday, Mar 30 1999 10:06AM ET
Reply # of 686

Johnathan Cohen, formerly the internet analyst at Merrill Lynch, initiates coverage of Priceline (PCLN) with a buy rating.

The last time an unrelated investment banking entity initiates a rating on a net company on the day of IPO, as far as I can remember, was Mary Meeker's buy recommendation on EBAY. We all know how EBAY performs since.


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