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To: Think4Yourself who wrote (74688)9/26/2000 3:05:04 PM
From: Meridian  Respond to of 95453
 
OT: 49. The industry analysts know what they are talking about.

Speaking of which, if industry analysts are allowed to blow up big institutional clients, costing them sometimes hundreds of millions of dollars, why then is that 15-year old internet kid being forced to disgorge his $280,000 in profits to the SEC? He simply did what Sell Siders attempt to do, but he was more successful. I find it hard to believe that the government could prove that one kid could manipulate markets via postings on Yahoo threads. He took big risks, and "influenced" the market, and he got rewarded. I think that this is interesting and a way way way off topic item.