SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: microhoogle! who wrote (119332)3/5/2001 4:05:16 PM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
Murali,

Please feel free to gloat and claim you saw it first:-) I like to gloat about my FA predictions from way way back <VBG>

I am getting a larger kick out of Blodget. He just stated in a public defense of the litigation against him and Merrill that his research was not directed at the retail investoe. He staed it was directed at the merrill brokers and the institutions. That is nice except he was on CNBC every time they would let him on. I do like this quote though from the artile to which you linked:

"To be sure, some industry watchers questioned how the Wal-Mart deal would affect Amazon’s alliance with Toys R Us Inc., which currently operates a co-branded retail toy Web site, especially considering Wal-Mart is the top seller of toys in the United States.
“It would give Amazon a presence in physical-world locations with enormous traffic,” said Merrill Lynch Internet analyst Henry Blodget.
“It would also presumably act as an effective marketing vehicle — Wal-Mart shoppers who might not otherwise use or think about Amazon would now encounter it every time they went shopping,” Blodget said. “It would also eliminate a potentially large competitor.”"

I am trying to figure out if the Merrill Broker or the institutions are the largest reader of msnbc. Retail investors do not read that site correct??

Glenn