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To: Glenn D. Rudolph who wrote (106995)	8/7/2000 9:44:52 PM
From: Bob Kim	Respond to of 164684

Do you believe it is possible that Blodgett called BNBN a "core holding" due to the fact ML underwrote the firm? Glenn, I don't think so but then again I don't know what a "core" holding is. Actually, I heard that some underwriting clients were disappointed with his coverage. He didn't even participate on their initial conference calls. For the most part, I think the majority of his BNBN research was comparatively more positive than his AMZN stuff, but he always gave AMZN the benefit of the doubt.