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To: Skeeter Bug who wrote (85076)3/25/2001 2:24:45 AM
From: GraceZ  Respond to of 436258
 
This line sez it all as to who is most important to an analyst:

About 100 Merrill Lynch stock analysts went to
class yesterday for a lesson on how to lower ratings on the
companies they cover without alienating corporate clients.


The analysts reports should all start with a disclaimer stating that it is the corporation's interests, not the investor's that they are serving when they issue buys, strong buys, etc. Don't want to lose that investment banking biz.

Maybe ML should have a seminar on how to spot the truth and then tell it. Nah.....that would be right, but not very profitable.