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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (48348)	3/2/2001 4:51:20 PM
From: HandsOn	Read Replies (1) \| Respond to of 57584

Did You see Ted David interview of Al Goldman, that was a beautiful thing.

To: Rande Is who wrote (48348)	3/2/2001 5:19:54 PM
From: Bucky Katt	Read Replies (2) \| Respond to of 57584

Rande, this Blodget/Merrill thing should be investigated by the sec also. Going after teenagers and people who post stuff on websites is like shooting ducks in a pond, if the sec wants any respect they need to hang one these big street houses and the assorted analysts out to dry. And they better do it soon. In all the news stories I have read about sec enforcement deals, the same thing rings true in just about all of them, and that is they always say "they have no qualifications to make these kind of stock predictions" Well now they have one that does, and if what they are talking about is proven true in this case, someone should go to jail. ""Mr. Kanjilal asserts that Mr. Blodget had a reason to provide overly optimistic projections, because they would help Merrill's investment-banking business -- and Mr. Blodget's paycheck. (Analysts' pay increasingly is based in part on the amount of investment-banking business generated by the firm.) Last summer, Merrill had been retained as a financial adviser for another Internet company, Go2Net Inc., which InfoSpace purchased in July for about $4 billion. The acquisition would have been jeopardized, the arbitration case says, if shares of InfoSpace fell before the deal closed. "Blodget's recommendations lacked a reasonable basis in fact and Blodget failed to disclose a serious conflict of interest with the company whose stock he was touting," the arbitration filing said.""