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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: yomaz who wrote (68121)3/10/2001 7:50:47 PM
From: Anthony@Pacific  Read Replies (3) | Respond to of 122087
 
Meeker, Internet Analyst, Regrets Some Stock Picks, WSJ Says

New York, March 9 (Bloomberg) -- Mary Meeker, Internet
analyst at Morgan Stanley Dean Witter & Co. named ``Queen of the
Net'' by Barron's magazine in 1998, said she regrets recommending
some of the Internet stocks the firm brought to market, the Wall
Street Journal said, citing an interview with her.
Meeker said Ask Jeeves Inc., drugstore.com Inc.,
Priceline.com Inc., Women.com Networks Inc. and HomeGrocer.com as
being ``especially disappointing'' stocks which Morgan Stanley led
in initial public offerings, the Journal said.
``I had a bad year. I would hate to be judged on one bad
year,'' she told the Journal. She acknowledged that she ``stayed
too long on some stocks.''
Meeker was one of highest-profile advocates of the new
economy on Wall Street, appearing on the cover of Fortune magazine
as the third most powerful woman in business in 1999. Her
influence as an Internet analyst owed much to Morgan Stanley's
position as a top underwriter of Internet initial public
offerings. Since the collapse of the Internet market, her star has
waned, the Journal said.
She told the paper the value in her picks wiped out in the dot-com price crash was outweighed by the appreciation in stocks
she's been recommending for over ten years, including Microsoft
Corp., America Online, Compaq Computer Corp. and Dell Computer
Corp.

(Wall Street Journal, 3/9 p.9)

For the Wall Street Journal's Web site, see WWSJ <GO> .

--Sam Fleming in the London bureau (44) 207 673 2768, or
sfleming5@bloomberg.net /CP

What a moron and a moronic Firm



To: yomaz who wrote (68121)3/10/2001 7:58:22 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
Here is the part I remember:

''YOU'VE MADE A FRIEND''
First Colonial Ventures Ltd. is a minor venture-capital firm whose stock trades on the OTC bulletin board--so small that it is not required to file more than token disclosures with the Securities & Exchange Commission. But for market makers in small-cap stocks, First Colonial looms huge. It is an object lesson: When the Mob speaks, market makers obey.

The incidents took place early in October, one week after the assault at Sharpe. First came a beating. A trader at Naib Trading Corp. in Fort Lauderdale was summoned to the office of a man by the name of Roy Ageloff. The trader has told associates that Ageloff had beaten him once before with a nail-pierced baseball bat. This time, he said, Ageloff left the room. Then a 400-pound hoodlum knocked him down and kicked him while he was on the floor. The message: Stay away from First Colonial.

The trader at Naib was not the only one to suffer ''persuasion'' over First Colonial. Sources say that four other firms were approached with warnings to cease trading in the stock. To be sure, it was not a total success. There was one rebuff: A market maker in the little town of Hurst, Tex., Anthony Elgindy of Key West Securities Inc., says he ignored warnings that traders who did not comply would soon be ''facing the ceiling''--and has received numerous threatening phone calls since then. But at two other market makers, the intimidation worked. They ceased making a market in First Colonial.

--------

Just to give you a bit of history as to what happened as a result of all this.. FCVL was toast, I made a ton shortin it, They got shut down, A bunch of guys were indicted, and Ageloff is being sentenced This month and will face about 6to 10 years I think, PMCS the MM was also shut down,,,,,

All courtesy of A@P