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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: manalagi who wrote (119414)3/5/2001 10:32:58 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Should not the powers in Merrill Lynch be embarassed to have a Senior VP like Henry Blodget making a statement as if Walmart/Amazon is a done deal?



I had read this and made some comment today about Blodget. It is my opinion that Merrill Lynch should be embarassed to ever even have hired Blodget. What is worse, is they continue to keep him. It is also my opinion that most of Merril's brokers for their retail investors are embarassed about the existance of Blodget within the firm.

I have read enough of Blodget's reports to make a personal assessment that Blodget has a non existent understanding of cash flow analysis, working capital, asset valuation, GAAP in general and a variety of other skills that are required to make a fundamental judgement about a business of any kind. Blodget may understand market dynamics some in that he understands what a short squeeze is.

The sketch background I have read about Blodget is he tried to be a journalist but what not succesful. He did not obtain an MBA which almost a staple for those in the business of being an analysts.

My accounts are with Merrill. I am hoping Blodget and Merrill lose the current arbitration suit including the punative damages. This would open up a window for thousands of suits that involve stocks that Blodget was given authority to handle.

Glenn



To: manalagi who wrote (119414)3/6/2001 9:56:33 AM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
Wal-mart should just buy AMZN and scrap wal-mart.com.
It will be called Amazon.com; a Wal-mart company!

--Olu E.